Name: Sri Lanka Sales Tax Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Sri Lanka,Sales Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Sales Tax Rate in Sri Lanka stands at 8 percent. source: Sri Lanka Inland Revenue Department

Sales Tax Rate in Sri Lanka averaged 12.06 percent from 2006 until 2021, reaching an all time high of 15 percent in 2007 and a record low of 8 percent in 2019. This page provides - Sri Lanka Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Sales Tax Rate - values, historical data and charts - was last updated on June of 2022.

Sales Tax Rate in Sri Lanka is expected to reach 15.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Sales Tax Rate is projected to trend around 15.00 percent in 2022 and 8.00 percent in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	24.00	24.00	percent	Dec 2021
Corporate Tax Rate	24.00	28.00	percent	Dec 2021
Sales Tax Rate	8.00	8.00	percent	Dec 2021

Sri Lanka Sales Tax Rate

In Sri Lanka, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Sri Lanka.