Tourism Minister Mohamed Ameen
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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.
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.
