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…
6th Amendment to the Employment Act: Application of Service Charge
This advisory provides answers to some frequently asked questions on the collection and distribution of service charge, introduced by the 6th Amendment to the Employment Act.
FAQs on Service Charge
We answer some of the FAQs on the application of service charge on tourism services, introduced by the 6th Amendment to the Employment Act.
Supreme Court Judgement: Aminath Naazly v Seagate The International Pvt Ltd
An appeal where the Supreme Court considered when new evidence can be adduced during the appeal at the Supreme Court. The Court established the criteria that needs to be met before leave to adduce new evidence on an appeal can be granted.
Supreme Court Judgement: Medianet v Maldives Inland Revenue Authority
A case in which the Supreme Court held that a taxpayer may challenge the MIRA's assessment even at the Civil Court, and that “other property” stated in Section 6(a)(1) of the BPT Act must be construed to include only tangible property.
Tax on Pro Bono Legal Services
This article explores the current tax position on providing pro bono legal services, giving a view that is critical for lawyers and policymakers.
Overview of the Public Health Emergency Act 2020
This publication gives an overview of the Public Health Emergency Act 2020 published in the Government Gazette on 22 September 2020.