MIRA Calls Upon Taxpayers That Do Not Meet Registration Requirements to Deregister
The MIRA has issued announcements requesting taxpayers who do not fulfil tax registration requirements under the Tax Administration Act, or GST registration requirements to deregister from tax.
The announcement, issued on 16 January 2019, reminds…
Cash Declaration Limit Changed
The Maldives Monetary Authority, on 17 January 2019, published the first amendment to the Regulation on Cross Border Currency Declaration Amount.
The changes introduced now require passengers travelling with USD 20,000 or more, and are travelling…
NO GROUNDS FOR REPEALING SECTION 44 OF TAA: HC
The High Court of the Maldives has ruled that the section 44 of the Law Number 3/2010 (Tax Administration Act) does not contravene Article 40(a) and 56 of the Constitution of the Maldives. This ruling was made following an application by a taxpayer to…
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