Sri Lanka Personal Income Tax Rate - Forecast

Personal Income Tax Rate in Sri Lanka is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Personal Income Tax Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.


Sri Lanka Personal Income Tax Rate
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Sri Lanka Taxes Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 28 28 28 26.5 27 23
Personal Income Tax Rate 16 16 16 16.5 17 18
Sales Tax Rate 15 15 15 15 15 15
Social Security Rate 20 20 20 22.5 23 24
Social Security Rate For Companies 12 12.88 12.88 14.44 14.97 15.82
Social Security Rate For Employees 8 8 8 8 8 8