This publication gives an overview of the Income Tax Bill submitted to the Parliament by the Government of Maldives on 15 October 2019. The Parliament has commenced debate on the Bill, and is expected to bring changes to the Bill, before voting on it.
Take note that this overview is based on the Bill. We will publish an updated version when it is passed by the Parliament and is ratified by the President.
If you have any questions or wish to discuss the implications of the Bill on you, please contact one of our tax advisors or drop us an email at ‘[email protected]’.