The main corporate tax rate in Sri Lanka is 24%. This applies to the taxable income of companies operating in the country.
Additional Information:
- Taxable Income: This refers to the income earned by a company after deducting allowable expenses.
- Exemptions: There are certain exemptions and deductions available for specific industries and activities.
- Withholding Tax: Companies may also be subject to withholding tax on certain payments made, such as dividends and interest.
