Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsThe rate of income tax on royalty payable to any company partnership or other body of persons outside Sri Lanka
| 39. The gross royalty payable by any person in Sri Lanka to any company, partnership or body of persons outside Sri Lanka, being royalty which arises or is deemed by section 94 to arise in Sri Lanka to such company, partnership or other body of persons shall, notwithstanding anything to the contrary in any other provision of this Act, be chargeable with income tax at the appropriate rate specified in the Fifth Schedule to this Act. |