MIRA
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NewsBassam named on MIRA’s tax defaulter list
MIRA has named former FAM President Bassam Adeel Jaleel and several high-profile entities on its list of tax defaulters. Each of the 33 individuals and companies listed owes over MVR 1 million in unpaid taxes. Other notable names include former government official Hassan Ismail and comedian Yoosuf Rafeeu.
BusinessAgents threaten Maldives boycott over proposed "double taxation"
Foreign tour operators are threatening to boycott the Maldives over a proposed 17% tax on their profit margins. Agents argue the "destination principle" policy leads to double taxation, as they already pay taxes in their home countries. Many warn they will shift focus to rival destinations if the government proceeds with the new regulations.
News
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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Ministries not working to recover money owed to the state
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Bill proposes to increase tax penalties
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Yacht Tours account freezing was wrong: Supreme Court
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Kaani Hotels face lawsuit for alleged tax fraud
Business