IMF says did not talk about digital tax



The International Monetary Fund (IMF) says that it has not discussed with the Sri Lankan authorities about a digital services tax under the current programme.

Also, the IMF said that it has not provided any recommendation on whether or not Sri Lanka should sign on to the OECD/G20 inclusive framework agreement for international corporate taxation.

The OECD (Organisation for Economic Co-operation and Development)/G20 inclusive framework on BEPS (Base Erosion and Profit Shifting) over 135 countries and jurisdictions are collaborating on the implementation of 15 measures to tackle tax avoidance, improve the coherence of international tax rules and ensure a more transparent tax environment.



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