New Double Tax Avoidance Treaty between the Government of Sri Lanka and the Government of Singapore

IT is hereby notified under Section 97(1)(b) of the Inland Revenue Act, No. 10 of 2006, that the bilateral Agreement for
affording relief from double taxation and prevention of fiscal evasion, entered into on 03.04.2014 between the Government
of the Democratic Socialist Republic of Sri Lanka and the Government of the Republic of Singapore, has been approved by Parliament by resolution passed on 23.09.2015.

Effective date :

• WHT – from 01.01.2018
• Income Tax – from 2018/2019