Sri Lanka, Aug. 11 -- Sri Lanka's tax concessions to Board of Investment enterprises and Strategic Development Projects remain substantial, exceeding Rs. 276 billion across corporate income tax, Value Added Tax, and border levies.

A Finance Ministry report titled 'Tax Expenditure Report - 30 June 2026' outlined these figures, highlighting the fiscal cost of investment incentives during a period focused on revenue mobilisation.

However, the report covers varying tax periods, meaning the data does not represent a single-period revenue loss.

The document also omits the quantification of employment, investments, exports, or other economic benefits generated by these concessions, which prevents a complete assessment of their net economic im...