In a recent interview with Yarl TV, LIRNEasia Chair Prof. Rohan Samarajiva shed light on the potential impact of Sri Lanka’s new tax policy on the digital sector. The discussion extended to the taxation of multinational digital service providers like Facebook and Uber, widely used in Sri Lanka.
Prof. Samarajiva emphasised the crucial role of the government in streamlining the tax payment process for these companies. He suggested simplifying the current complex and time-consuming process to a more straightforward process. This, he believes, would facilitate a smoother, transparent, and faster tax payment procedure for these digital companies operating in Sri Lanka.
For further insights, watch the full interview here.