Tax disputes & controversies

September 29, 2015/in Frontpage Article /by Darren Caple

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The past year introduced major changes to the legal and tax landscape in #Maldives impacting businesses and individuals. Our Year in Review 2022 summarises these pivotal legal and tax developments.

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The Sixth Amendment to the Grant of Rights Regulation abolished the requirement to obtain no objection from the @TourismMv for the transfer of shares in companies holding a tourism lease.

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In the recent case of Mohamed Yasir v Ibrahim Hassan, @SupremeCourtMv established the conditions to be fulfilled in order to establish that a party has gained an unjust enrichment and provided clarity to the principle of restitution.

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