KPMG Sri Lanka Academy has announced an upcoming webinar focused on the latest developments in Sri Lanka’s evolving tax landscape, at a time when the country is entering a pivotal phase of tax reform. The Supreme Court’s determination on the Inland Revenue (Amendment) Bill 2026 is expected imminently, following the recent enactment of the Social Security Contribution Levy Act and the publication of the VAT (Amendment) Bill on 29 April. These developments signal a significant shift in the tax framework, introducing measures such as higher capital gains tax, expanded withholding tax provisions, streamlined administrative processes, and strengthened VAT enforcement.
With tax thresholds being lowered and rates increasing, businesses are facing heightened compliance requirements and must respond proactively to these changes. The evolving regulatory environment places greater emphasis on timely adaptation, making it critical for organisations to understand both the technical implications and the practical steps required to remain compliant.
In response to these developments, KPMG Sri Lanka Academy will host a webinar on Tuesday, 5 May from 3:00 PM to 4:30 PM via MS Teams. The session will provide participants with insights into the recent amendments and their potential impact on businesses and individuals operating within Sri Lanka’s tax system.
The webinar will be led by Suresh R. I. Perera, Principal – Head of Tax & Regulatory at KPMG in Sri Lanka, together with Rifka Ziyard, Principal – Tax & Regulatory at KPMG in Sri Lanka. Drawing on their extensive expertise, the presenters will offer practical perspectives on navigating the changes and addressing emerging compliance challenges.
For further details regarding the webinar, interested participants may contact sjayatunge1@kpmg.com or call (+94) 77 444 6649. Alternatively, inquiries can be directed to niroshadesilva@kpmg.com or (+94) 71 723 6842.
