J. J. Ratnasiri, Secretary to the Ministry of Public Services, Provincial Councils and Local Government, and Prof. Kapila Gunawardena, Secretary to the Ministry of Buddhasasana Religious and Cultural Affairs have given their approval for this decision yesterday (11).
In addition, the entertainment tax on the cinema industry will be lowered to 7.5 percent from 2023 onwards.
Up until now, the entertainment tax on cinema varied for each local government from 5 percent up to 25 percent. However, under the new decision, the entertainment tax will be made uniform throughout the country.
The Prime Minister’s Office stated that the Premier took the decision considering the requests made to him by industry professionals in the country.