Tourism Development Levy to be abolished from April 2027
Photo: Daily MirrorAI summary · 1 min read
1 min readFrom 2 outlets- Daily Mirror reports that abolition is proposed to take effect on April 1, 2027.
- Daily Mirror says the levy was imposed under the Finance Act No. 25 of 2003.
- EconomyNext reports that the levy ranges from 0.5% to 1%, depending on turnover.
Daily Mirror reports that Sri Lanka’s 2027 Budget proposals would abolish the Tourism Development Levy (TDL) from April 1, 2027.
Daily Mirror reports that the levy was imposed under the Finance Act No. 25 of 2003. EconomyNext reports that its rate ranges from 0.5% to 1%, depending on turnover.
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Earlier coverage
Reports on the same subject from the months before this story.
- Daily FT · Budget 2027: Treasury says expect reforms push, not tax cuts
- Newswire · Sri Lanka earns over US$ 2.2 Bn in tourism revenue in first nine months of 2026
- EconomyNext · Sri Lanka urged to exclude traders from VAT and abolish double taxation
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- Ada Derana (தமிழ்) · TIN இலக்க கட்டாயமாக்கல் 2027 ஏப்ரல் வரை ஒத்திவைப்பு