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…
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…
In this blog post, Nazaha Nasheed provides an analysis on the courts impounding passports in civil cases. She highlights the importance of having clearer rules in this area of law.
In the case of Barefoot Noomadi Hotel v MIRA, the TAT's decision is that commission payments made to Online Travel Agencies (“OTAs”) operating under the Merchant Model are not subject to Withholding Tax (“WHT”) under Section 6 of the BPT Act.
This publication gives an overview of the Second Amendment to the Income Tax Regulation.
The Government of Maldives is seeking bids for the lease, development, operation and management of tourist resorts on several uninhibited islands and plots of lands on uninhabited islands in the Maldives.
This publication gives an overview of the 4th Amendment to the Tax Administration Regulation of the Maldives
This guide explains the rules regarding the collection, distribution and reporting of Service Charge as required by the Sixth Amendment to the Employment Act
This publication gives an overview of the imposition of Goods and Services Tax imposed under the GST Act.
The Third Amendment to the Tax Administration Regulation, granted the Maldives Inland Revenue Authority (“MIRA”) the right to enter into Advance Pricing Arrangements (“APA”) with taxpayers.
The webinar is targeted at employer, human resources personnel, and accountants in the tourism sector. The duration of the webinar is expected to be 1 houe. It will take place on 3 April 2020 at 3:00 pm.
This article explores the current tax position on non-resident contractor payments.