Sri Lanka Issues Notice Regarding the Deduction of Advance Personal Income Tax from Resident Non-Citizen Employees
Sri Lanka's Inland Revenue Department (IRD) has issued a notice to employers and employees regarding the deduction of advance personal income tax (APIT) from resident but non-citizen employees. With effect from 1 April 2020, APIT replaced PAYE tax on an optional basis, including that, for resident employees, the deduction of APIT requires the consent of the employee. However, the notice clarif…
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