Definition There shall be charged on Effect From Betting Tax rates Gazette How to pay Betting Tax Revenue
Betting Tax is charged under section 13 of the Finance (Supplimentary Provisions) (Amendment) Statute of the Southern Province N0.05 of 2007.
A tax shell be levied and charged on bets placed or accepted whether on cash or on credit, at any place or permises within the province on horse racing (held in Sri Lanka or abroad).
1st of January, 2011
The rate 5% on the every bets