Sri Lanka, March 31 -- The Ceylon Chamber of Commerce, through its Tax Steering Committee, has actively engaged with stakeholders on the proposed Inland Revenue (Amendment) Bill of 2026, recognising its potential implications for businesses and the broader economy. While acknowledging the importance of updating the tax framework, the Chamber's efforts have focused on assessing the impact of the proposed amendments, highlighting several provisions that warrant closer attention.
The Chamber Tax Steering Committee reviewed the proposed amendments and assessed their impact on business continuity, investment, taxpayer rights and Sri Lanka's competitiveness. The Committee conducted a comprehensive evaluation, focusing on areas that could affect ...