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ElaKiri Talk!
Full-time freelancers of elakiri - Do you pay taxes?
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<blockquote data-quote="liquid" data-source="post: 26367314" data-attributes="member: 317888"><p>Full-time online earning (dropshipping, blogging, freelancing etc) karana kattiya godak mey forum eke innawa kiyala man hithanwa. Mey prashne godak apply wenne foreign platforms walin full-time income ekak hadagena inna ayata. (Adsense, Affiliates, Upwork, Fiverr etc)</p><p></p><p>Samanyen tax law eka apply wenne kohomada mey wage income walata? Personal tax file ekak open karanna oneda? Danna kenek innawa nan please let us know <img src="/styles/default/xenforo/smilies/default/yes.gif" class="smilie" loading="lazy" alt=":yes:" title="Yes :yes:" data-shortname=":yes:" /></p><p></p><p><strong>UPDATE</strong></p><p>Thanks for all the replies guys! So to summarize (Please correct if this is inaccurate):</p><p></p><p>"Gains and profits earned or derived by any person from any foreign source, other than gains and profits stated above, where such gains and profits earned or derived in foreign currency and remitted through a bank to Sri Lanka is exempt from income tax, w.e.f. 01.01.2020."</p><p></p><p>source: <a href="https://www.desaram.com/covid-19/recent-changes-to-income-tax.php" target="_blank">https://www.desaram.com/covid-19/recent-changes-to-income-tax.php</a></p><p></p><p>"any service rendered in or outside Sri Lanka to any person to be utilized outside Sri Lanka, where the payment for such services is received in foreign currency and remitted through a bank to Sri Lanka on or after January 1, 2020;"</p><p></p><p>source: <a href="http://www.documents.gov.lk/files/bill/2021/3/37-2021_E.pdf" target="_blank">http://www.documents.gov.lk/files/bill/2021/3/37-2021_E.pdf</a> (The Bill to amend the Inland Revenue Act No. 24 of 2017 (“the Act") was gazetted and issued on 18th March 2021. The Bill is yet to be passed by the Parliament for legal enactment)</p><p></p><p>Mey sources walata anuwa nan foreign currency income is exempt from tax.</p></blockquote><p></p>
[QUOTE="liquid, post: 26367314, member: 317888"] Full-time online earning (dropshipping, blogging, freelancing etc) karana kattiya godak mey forum eke innawa kiyala man hithanwa. Mey prashne godak apply wenne foreign platforms walin full-time income ekak hadagena inna ayata. (Adsense, Affiliates, Upwork, Fiverr etc) Samanyen tax law eka apply wenne kohomada mey wage income walata? Personal tax file ekak open karanna oneda? Danna kenek innawa nan please let us know :yes: [B]UPDATE[/B] Thanks for all the replies guys! So to summarize (Please correct if this is inaccurate): "Gains and profits earned or derived by any person from any foreign source, other than gains and profits stated above, where such gains and profits earned or derived in foreign currency and remitted through a bank to Sri Lanka is exempt from income tax, w.e.f. 01.01.2020." source: [URL]https://www.desaram.com/covid-19/recent-changes-to-income-tax.php[/URL] "any service rendered in or outside Sri Lanka to any person to be utilized outside Sri Lanka, where the payment for such services is received in foreign currency and remitted through a bank to Sri Lanka on or after January 1, 2020;" source: [URL]http://www.documents.gov.lk/files/bill/2021/3/37-2021_E.pdf[/URL] (The Bill to amend the Inland Revenue Act No. 24 of 2017 (“the Act") was gazetted and issued on 18th March 2021. The Bill is yet to be passed by the Parliament for legal enactment) Mey sources walata anuwa nan foreign currency income is exempt from tax. [/QUOTE]
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