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Sri Lanka News

Entertainment tax waived on cinemas for 02 years

Prime Minister Mahinda Rajapaksa has decided to waive off the entertainment tax on the Sri Lankan cinema industry for the years 2021 and 2022.

The Prime Minister’s Office stated that the Premier took the decision considering the requests made to him by industry professionals in the country.

Up to now, the entertainment tax on cinemas ranged from 5% – 25%. However, under the new decision, the entertainment tax will be levied at 7.5% throughout the country.

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