Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Resident Guest (Tax Exemption) Act (No. 6 of 1979) - Sect 2

Exemption from income tax of certain profits and income of a Resident Guest

2.
(a) Such profits and income of a Resident Guest as do not arise in Sri Lanka ; and
(b) the income accruing to a Resident Guest from moneys lying to his credit in any account opened by him in a commercial bank for the deposit of sums remitted to him in foreign currency from any country outside Sri Lanka.
shall be exempt from income tax chargeable under the Inland Revenue Act, No. 4 of 1963.

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]