Russia
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NewsMaldives to revise foreign tour operator tax
The Maldives government will revise a new tax on foreign tour operators just days after its implementation following industry backlash. President Mohamed Muizzu ordered the changes to the Tourism Goods and Services Tax Act after major travel agents and international operators raised concerns about the impact on the tourism sector.
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.
Business
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Report
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