Access details of Companies Tax Act, No. 35 Of 1961 . Get access to the full amendment history, summary, English, Sinhala, Tamil PDFs and the consolidated act (if applicable)
Summary of Companies Tax Act, No. 35 Of 1961
The Companies Tax Act establishes a tax framework for companies incorporated in Ceylon, imposing taxes based on share capital for those with share capital, and a fixed amount for companies limited by guarantee and those incorporated outside Ceylon. Certain companies, such as those with approved industrial undertakings or those exempt from income tax, are excluded from this tax. The Act outlines the tax rates and conditions under which companies are liable, including provisions for companies that...
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Companies Tax Act, No. 35 Of 1961. English, Sinhala and Tamil PDFs.
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