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…
MIRA’s Surprise Move on Non-Resident Contractor Withholding Tax
This blog article explores the change in the non-resident withholding tax position on non-resident contractor payments.
Tourism Boundary Regulation
The Tourism Boundary Regulation introduced significant new changes to the provisions relating to the determination of boundaries of tourist establishments.