Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsImposition of the surcharge on income tax payable by companies
| 2. Every company which is chargeable with income tax under the inland Revenue Act, for the year of assessment commencing on April 1,2001 (hereinafter in this Act referred to as "the relevant year") shall, notwithstanding anything contained in any other written law, be liable to pay a surcharge on the income tax payable by the company for the relevant year (hereinafter in this Act referred to as "the surcharge") calculated at the rate of twenty per centum of the income tax payable by such company for the relevant year. |