BOI Tax Exemptions Become A Potential Revenue Leakage Highway

Sri Lanka’s investment incentive regime is facing a major accountability test, with an International Monetary Fund (IMF) investigation exposing serious weaknesses in the monitoring of duty-free imports entering the country through Board of Investment (BOI) enterprises. At stake is an estimated Rs. 800 billion to Rs. 1 trillion in annual revenue foregone through tax exemptions […] The post BOI Tax Exemptions Become A Potential Revenue Leakage Highway appeared first on LNW Lanka News Web.

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