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Tag: taxpayers

Posted inWorld

Sri Lanka lost around 1 million taxpayers since 2019 tax cuts, says FM

by Press Trust of India May 7, 2022May 6, 2022

Colombo: Sri Lanka lost around 1 million taxpayers in the last two years after the Gotabaya Rajapaksa regime announced sweeping tax cuts in 2019 in its bid to spur growth, Finance Minister Ali Sabry has revealed, as the island nation faced an unprecedented economic crisis. These tax cuts were introduced in November 2019 in keeping with […]

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