Publications
Tax Alert
Tax Alert, 27 January 2019
This issue covers the most recent developments brought to the rules on Thin Capitalisation. Thin Capitalisation rules were initially introduced by the Maldives Inland Revenue Authority (MIRA) on 26 April 2018, via Tax Ruling TR-2018/B64.
The new rules,…
Tax Alert, 20 June 2018
This issue covers the following:
1. Thin capitalisation rules introduced through Tax Ruling B64.
2. Attributes of employment under a contract of service explained in Tax Ruling B65
3. Fifteenth amendment to the BPT Regulation: repealing of rules…
Tax Alert, 18 February 2018
This issue covers the following:
1. Changes brought to the imposition of WHT on commission paid to Online Travel Agencies. These changes are introduced via the First Amendment to the Tax Ruling TR-2013/B25.
2. New rules introduced by the Twenty-third…
Tax Alert, 17 SEPTEMBER 2017
This issue covers the following:
1.Tax Ruling G42, which amends the GST registration requirements for taxable activities in the general sector, which are run by a person having taxable activities also in the tourism sector.
2. Limitations on claiming…
Tax Alert, 25 MAY 2017
This issue covers the following:
1.Tax Ruling B60, which explains the dates on which an amount subject to WHT becomes payable under Section 6 of the BPT Act to the non-resident.
2. Tax Ruling G41, introducing a new criterion for zero-rating the…