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Sri Lanka hotels given more time to pay tourism tax

Tourism is the third highest source of foreign exchange for Sri Lanka, but the industry has faced a downturn following the Easter Sunday terror attacks.

ECONOMYNEXT – Sri Lanka’s hotels, which were given till January 2020, to pay a tourism tax for 2019, after the industry was hit by suicide blasts on Easter Sunday has been given another four months.

The cabinet of ministers had cleared a proposal by the Minister of Tourism to collect the tax from May 01 2020, instead of January 01, as the tourism industry has not recovered to expected levels.

The industry is now feeling the strain from the Covid 19 epidemic with a fall in Chinese tourists.

The tourism development levy for 2019 will be collected from May 01, 2020.
Hotels would be asked to pay the 2019 dues in 20 monthly installments. (Colombo/Mar01/2020)

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