Navigating the complexities of global jurisprudence.

The new Inland Revenue Act, taking effect on 1st April 2018, introduces capital gains tax (CGT) on the ‘realization’ of investment assets. 将于2018年4月1日生效的新税法，引入的资本利得税（CGT）用于实现资产投资 An outline of the salient provisions of the new Act are set out below. 下文概述了新税法的主要条款 Imposition (征收) CGT will be charged on the gain arising from realization of an investment asset at the rate of 10%. CGT will only arise if the net cost of the asset accrues a gain to the owner of the asset. The gain is calculated as

අංකය අයිතමය ආයතන වර්ගය ආයතන වර්ගය 1 සීමාසහිත සමාගම ආයතන වර්ගය 2 ශාඛා කාර්යාලය/විදේශ සමාගම් 1 විදේශීය අයිතියේ සීමා කිරීම් කාණ්ඩ වශයෙන් සලකන විට සීමා කිරීම් ඇත. උදා: නැව්ගත කිරීමේදී සහ නැව්බඩු ප‍්‍රවාහනයේදී විදේශිය අයිතිය 40%කට සීමාකර ඇත. කෙසේ වෙතත්, ඇමරිකා එක්සත් ජනපද ඩොලර් මිලියන 1ක අවම ආයෝජනයක් සිදුකර තිබේනම් පමණක් (කොටස් ප‍්‍රමාණය නොතකා) සිල්ලර වෙළදාමෙහි නියුතු සීමාසහිත සමාගම්වලට විදේශ කොටස් දැරීමට අවසර ලබා දෙනු ඇත. වෙනත් අවම ප‍්‍රාග්ධන අවශ්‍යතාවයන් කිසිවක් නොමැත. කිසියම් ශාඛාවක් ඇ.එ.ජ.

The new Inland Revenue Act, taking effect on 1st April 2018, introduces capital gains tax (CGT) on the ‘realization’ of investment assets. An outline of the salient provisions of the new Act are set out below. Imposition CGT will be charged on the gain arising from realization of an investment asset at the rate of 10%. CGT will only arise if the net cost of the asset accrues a gain to the owner of the asset. The gain is calculated as the consideration receivedfor the asset or liability excee

வேலைசெய்யும் நேரம் ‘SOEA’ ஒழுங்குவிதிமுறையின் பிரகாரம் தொழிலில் பொதுவான நேரம் (ஓய்வு மற்றும் சாப்பாட்டு ஓய்வை தவிர்ந்த) கீழ்க் காணும் பிரகாரம் அமையும். * * தினமொன்றுக்கு 8 மணித்தியாலங்களை அதிகரிக்காத காலம் * * வாரமொன்றுக்கு 45 மணித்தியாலங்களை அதிகரிக்காத காலம் ஊழியர் ஒருவர் தொடர்ச்சியாக 04 மணித்தியாலங்கள் சேவையாற்றிய பின்னர் அரை (1/2) மணி நேரம் சாப்பாட்டுக்காக அல்லது ஓய்வுக்காக நேரம் ஒன்று பெற்றுக்கொடுக்கப்படுவதுடன் அது பொதுவாக தினம் ஒன்றுக்கு ஒரு மணித்தியாலம் சாப்ப

වැඩ කරන පැය ගණන සහ අතිකාල දීමනා. (“SOEA”) රෙගුලාසි අනුව රැකියාවෙහි පොදු වේලාව (විවේකය සහ කෑම විවේකය හැර) පහත සදහන් පරිදි වනු ඇත. * * දිනකට පැය 8 නොයික්මවන කාලයක් * * සතියකට පැය 45ක් නොයික්මවන කාලයක් ‘සේවකයෙකු අඛණ්ඩව පැය හතරක කාලසීමාවක් සේවය කිරිමෙන් පසු පැය භාගයක කෑම සදහා හෝ විවේකය සදහා වේලාවක් ලබාදෙන අතර එය පොදු වශයෙන් දිනකට පැයක කෑම සහ විවේකය සදහා වන විවේක කාලයට පරිවර්තනය වෙයි. ඕනෑම දිනයක සේවකයා පැය පහකට අධික කාලයක් සේවයේ යෙදී නොසිටින්නේ නම් කෑම වේලාවක් හෝ විවේක ව

Capital gains tax (CGT) is to be re-introduced in Sri Lanka. The proposed legislation will amend and repeal the current Inland Revenue Act No 10 of 2006. The legislation is pending Parliamentary approval but is expected to be adopted. Imposition CGT will be charged at the rate of 10% on capital gains that exceed LKR 50,000. The gain is calculated as the consideration received for the asset or liability exceeding the cost of the asset or liability at the time of realisation. The following ass

The Sri Lankan Parliament recently enacted the Foreign Exchange Act (Act) which repealed the previous exchange control law that has been in place for decades. Summary of key provisions: Dealers of foreign exchange The Act recognises ‘Authorised Dealers’, ‘Restricted Dealers’ and ‘Dealers for a Specific Purpose’ as being permitted to deal in foreign exchange. Authorized dealers are Banks (Licensed commercial banks and licensed specialized banks) which are registered and licensed to carry ou

A company incorporated outside Sri Lanka may establish a representative office in Sri Lanka. 斯里兰卡境外注册公司可在斯里兰卡设立代表处 A representative office is an office established in Sri Lanka by a foreign company, engaged in international trading of goods or providing international services to, report on business movements in Sri Lanka to its Head Office or to provide advice, information to clients in Sri Lanka concerning goods or services sold in Sri Lanka. 代表处是由外国公司在斯里兰卡设立的办事处，从事国际货物贸易或提供国际服务，向总部报告关于斯里兰卡的商业

This is a first of a series of articles on cyber security we intend publishing. Since the wide-spread use of computers for record keeping and day-to-day office work, security of computer records, their dissemination and storage have become important. Meant for the general reader, these articles are aimed at providing an introductory understanding of computer and network security. You may have read recent news reports on the spate of “ransomware” attacks that crippled computer systems in Britain

Sri Lankan government has moved away from granting tax concessions and concessionary tax rates for foreign investors. Substantial capital allowances will be granted to encourage investment. An outline of the enhanced capital allowances and the applicable investment criteria are set out below. 斯里兰卡政府已取消对外国投资者税收和税率的优惠。将给予大量资本配额鼓励投资。增加资本配额和适用投资准则如下： SECTOR （部门） PREVIOUS TAX RATE（以前税率） Construction of a port or airport in with an investment exceeding US$ 2,000Mn (in assets other than land a