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Budget for 2014 – details

|Approved Changes|Sri Lanka
Sri Lanka


12 December 2013
Report from Nina Umar, IBFD Editor

The Budget 2014 was presented in parliament on 21 November 2013. The main features of the Budget 2014 are summarized below.

Direct taxation

(a) Corporation tax
The main corporate tax proposals are as follows:

- cost of acquisition of any finance company by a financi…



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