Judicial Impeachment: Some Reflections and the Maldivian Context
by Nazahath Ahmed, Associate The Independence of the Judiciary is integral to the separation of powers and rule of law. The concept is set out…
Entries by Husam Shareef
Insight: Traders Hotel v MIRA
Summary Sale of assets or a business combination? Is acquisition of leasehold rights eligible for capital allowance? In the case of Traders Hotel v MIRA1,…
Amendments Proposed to the Income Tax Bill
On 27 November 2019, the Parliament’s Committee of the Whole House has proposed major changes to the Income Tax Bill, which was forwarded to the…
Supreme Court Verdict Reflects on Consequences of Countermanding Cheques
The Maldives’ Supreme Court, on 28 October 2019, upheld the ruling of both the High Court, and Civil Court, effectively concluding that countermanding a cheque…
New Commissioner General Appointed to MIRA
On 31 October, President Ibrahim Solih, appointed Fathuhulla Jameel as Commissioner General of Taxation and Asma Shafeeu as Deputy Commissioner General of Taxation. Fathuhulla, a…
New Commissioner General Approved by Majilis
On 28 October 2019, the People’s Majilis approved Fathuhulla Jameel as the new Commissioner General of Taxation of the Maldives Inland Revenue Authority. Following the…
Income Tax Bill submitted to the Parliament
The Government of Maldives has sent the draft of the Income Tax Bill (“ITB”), intended to introduce Personal Income Tax and redesign the existing Business…
Tax Alert, 15 October 2019
This issue covers the major changes that came into force with the ratification of the Second Amendment to the Tax Administration Act1 on 12 September…
Dangerous Chemicals Regulation Published
On 23 September 2019, the “Dangerous Chemicals Regulation” was published in the Government Gazette. The Regulation sets out procedures on the import, storage, sale and…