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Sri Lanka - Special considerations for short-term assignments

Special considerations for short-term assignments

Taxation of international executives

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Residency rules

Payroll considerations

Taxable income

Additional considerations

 

For the purposes of this publication, a short-term assignment is defined as an assignment that lasts for less than one year.

Residency rules

Are there special residency considerations for short-term assignments?

No.

Payroll considerations

Are there special payroll considerations for short-term assignments?

No.

Taxable income

What income will be taxed during short-term assignments?

Total income derived from services rendered in Sri Lanka.

Additional considerations

Are there any additional considerations that should be considered before initiating a short-term assignment in Sri Lanka?

It is important to analyze double taxation treaty provisions, as most treaties provide for tax exemptions in the host country if all of the following conditions are met in the context of dependent personal services.

  • the recipient is present in Sri Lanka for less than 183 days
  • employer is not a resident of Sri Lanka
  • the remuneration is not borne by a permanent establishment of the employer in Sri Lanka.

<p>© 2018 KPMG Ford, Rhodes, Thornton &amp; Co., a Sri Lanka partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.</p> <p>KPMG International Cooperative (“KPMG International”) is a Swiss entity. &nbsp;Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.</p>

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