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The Maze of Withholding Tax
by Husam Shareef, Tax Advisor
As you may notice from the heading, the rules on payment of Withholding Tax (WHT) have become rather complex - creating a maze that you need to carefully navigate. Finding out about compliance issues during a tax audit…
Calculating GST & WHT on OTA commissions
by Madeeh Ahmed, Tax Advisor
Note: Rules on the imposition of WHT on OTA commission have been changed via the amendments brought to the BPT Regulation after this blog post was published. We advise you not to rely simply on the information provided…
Surcharges Not in Purview of Tax Rules Supreme Court
by Fathuhulla Ismail, Counsel
Supreme Court of the Maldives on 20 March 2017 has decided ADK Trade and Shipping Pvt Ltd v State (Maldives Customs Services), its case number 2015/SC-A/10.
The case decided the effect and application of…
Apex Court Upholds Prospective Application of Law in Civil Matters
by Fathuhulla Ismail, Counsel
The Elections Commission of the Maldives filed a case with the Supreme Court against Fareedha Umar, a candidate of Jumhooree Party for the Local Council Elections, seeking to annul her candidacy.
The subject…