Tax on foreign commercials increased

6 December 2017 05:43 pm - 11 - {{hitsCtrl.values.hits}}

A A A

The Cabinet on Tuesday sharply increased the tax on films, tele-dramas and TV commercials produced in a foreign country and telecast by local TV stations.

Accordingly, a tele-drama or a film dubbed in Sinhala or Tamil will have to pay Rs. 150,000 per first 4 slots with 30 minutes duration or less per day.

This is an increase of Rs. 160,000 per slot from earlier tax of Rs. 90,000 per slot.

For the next four slots the payment of tax has been increased to Rs. 250,000 per slot from Rs. 90,000 and the balance slots to Rs. 350,000 per slot from earlier Rs. 90,000.

For repeat telecasts with 30 minutes or less duration will have to pay a tax of Rs. 50,000 per slot, an increase of Rs. 20,000 from earlier Rs. 30,000. For next four slots the payment is Rs. 80,000 from Rs. 30,000 and for the balance slots it is Rs. 120,000 from Rs. 30,000.

Tax for a slot of other foreign tele-dramas has also been increased to Rs. 100,000 from Rs. 75,000.

This was also a budget 2017 proposal.The proposal had been presented by Finance and Mass Media Minister Mangala Smaraweera. (Sandun A Jayasekera)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 11

John Wednesday, 06 December 2017 05:58 PM

Next up, tax on foreign ideas like non-corrupt, competent politicians.

sobers Wednesday, 06 December 2017 06:14 PM

There is no production of English,Tamil or Hindi in Srilanka, People turn to foreign made Films and Dramas as our stuff is below standards. Hence such heavy taxation deprives public interests.

Anu Thursday, 07 December 2017 05:59 PM

"a tele-drama or a film dubbed in Sinhala or Tamil will have to pay"

michael Wednesday, 06 December 2017 06:33 PM

Thats a shot 4 our TV Channels.

ceylon Wednesday, 06 December 2017 06:43 PM

this is stupid and anty entertainment action against people.trying to force people to watch local low quality garbage and preventing them to enjoy. via DM Android App

ceylon Wednesday, 06 December 2017 06:48 PM

sirisena ranil stupid rule is daily becoming anty people government.even disturbing peoples enjoyment.their idiotness has no limits.dont vote them. via DM Android App

Sirimalee Wednesday, 06 December 2017 07:09 PM

Dear Editor: Please read this and share it with the Lankan public:An archaeological dig unearths one of the earliest slave remains in Delawarehttps://www.washingtonpost.com/news/retropolis/wp/2017/12/05/an-archaeological-dig-unearths-one-of-the-earliest-slave-remains-in-delaware/?hpid=hp_hp-more-top-stories-2_avery-1050pm:homepage/story

ANTON Wednesday, 06 December 2017 07:42 PM

THANKS GOD, FINALLY WE WILL BE ABLE TO HAVE OUR DINNER ON TIME.

ceylon Wednesday, 06 December 2017 07:59 PM

looting by government.now ask other countries to increase tax on srilanka made products.even that lankan fools run government dont care. via DM Android App

Summa Wednesday, 06 December 2017 08:07 PM

These foreign tele-dramas, mainly the Indian shows are so stupid but our mid-aged ladies cannot live without watching them. Why ? Because, our Sri Lankans are more foolish and after watching them they've lost their sense of good taste. Every Sri Lankan tele-drama or the comedy wants to popularize a catch-phrase. Oh, the comedies !! Someone has to tickle us to laugh. The male and female actors are so over-acting and it seems that over-acting is the best acting. They lack conveying feelings from facial expressions or body-language. If two or three actors in the 'scene', then they'll shift positions to keep the happening live !!!

lankaman Thursday, 07 December 2017 10:46 AM

Channels like Discovery, History and Animal Planet needs to be exempt since they provide education as well as entertainment. The tax on these 3rd class Indian junk mega teles shown on Sirasa and others need to me taxed 1 million per 10 minute slot

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Tax on foreign commercials increased

Comments - 11

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

23 year old youth ends up having his testicles removed

Street food vendor arrested for verbally harassing foreigner

SL on alert on possible genocide allegations by Canada

New Visa procedure implemented

Confusion remains if April 15 is a bank holiday

Belgian traveller scammed in Kalutara

MIRROR CRICKET

TODAY'S HEADLINES