Goods and Services Tax
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NewsAmendment proposed to repeal foreign tour operator tax
An amendment has been introduced in Parliament to repeal the tax on foreign tour operators just days after its implementation. President Mohamed Muizzu decided to abolish the tax following widespread concerns from industry stakeholders and international travel agents regarding its impact on the tourism sector.
BusinessDollar revenue drops 15% in September compared to 2025
The Maldives Inland Revenue Authority reported a 15% drop in dollar revenue for September, falling to $126.8 million. While tourism taxes rose, the decline was driven by a sharp decrease in lease extension fees and airport taxes. Despite this monthly dip, total dollar revenue for the year remains higher than 2023 levels at $1.2 billion.
Business
Government revenue exceeds MVR 30 billion
Business
Authorities meet with tourism industry stakeholders
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Maldives to revise foreign tour operator tax
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Eagles Hills will not pay acquisition cost or rent for 99 years
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Bill passed to tax offshore booking platforms and tour operators
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