MIRA
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BusinessMATATO welcomes reversing destination principle tax
MATATO has welcomed the Maldivian government's decision to reverse a tax on foreign tour operator commissions. The move follows industry pushback and threats from international partners to stop selling the destination. The government now plans to amend the Tax Act to ensure the Maldives remains competitive in the global tourism market.
BusinessRussian Travel Union seeks exemption from new tax rules
The Russian Travel Union has asked the Maldives to exempt its tour operators from new tax rules requiring them to pay Tourism Goods and Services Tax on final sales. The union argues that taxing business activities conducted within Russia is legally impossible and lacks a practical mechanism for foreign oversight.
News
Man fined MVR 26,000 for unauthorised Hulhumalé Prison entry
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Aasandha has no details on limiting coverage for high earners
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Bassam named on MIRA’s tax defaulter list
Business
Agents threaten Maldives boycott over proposed "double taxation"
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European tour operators are expressing concerns: Nasheed
Business
Resort businesses owe MVR 56 million to Tourism Trust Fund
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Bill passed to tax offshore booking platforms and tour operators
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Withholding tax to be doubled on foreign contractors
Business
Government earns USD 976.6 million in revenue
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Govt proposes GST expansion to foreign tourism platforms
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Majlis approves Ameeza as new Tax Commissioner
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Muizzu nominates new candidates for Tax Commissioner position
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Maldivian pilgrims reach Arafat
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Journalists request stay order on execution of jail terms
Business
Noonu atoll resorts generate USD 60 million a year
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Dr. Ikleel and Dr. Latheef charged with tax fraud
Business
Nearly 1.5 billion earned in dollar revenue
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