Sri Lanka has published revised transfer pricing regulations that update the regulations published in 2018. The revised regulations were originally published in the Official Gazette on 2 March 2021 and apply retroactively from 1 April 2020. The main purpose of the revised regulations is to provide for the changes announced in December 2020 regarding the Master file and CbC report requirements, which includes a deferral in the effective date of these requirements to reporting fiscal year begi…