Maldives hikes departure fees, TGST, Green Tax
President Mohamed Muizzu on Tuesday ratified amendments to several laws, leading to an increase in the fees charged for passengers departing from airports, a higher Tourism Goods and Services Tax (TGST), and a doubled green tax. The amended laws include the Tourism Act, the Value Added Tax Act, and the Taxes and Fees on Passengers […]
Income tax return deadline extended to accommodate Eid holidays
Maldives Inland Revenue Authority (MIRA) has said that the deadline for filing income tax returns has been extended. In a recent announcement, MIRA said the decision was made to allow individuals and businesses more time to prepare and submit their financial statements for the year 2022, considering the extended Eid holidays falling at the end […]
MIRA begins collecting Green Tax from tourists
MIRA has announced that the Green Tax came into effect at 12:00 a.m. on 1st November 2015.
Industry insiders raise concern over US$6 green tax
Resorts and tour operators have raised fears that imposing a US$6 a day ‘green tax’ on tourists from November 2015 onward could adversely impact the Maldivian tourism industry. Industry insiders expressed concern that the Maldives could become an overpriced destination, reports TTG Asia. “The green tax will definitely have an impact. It is (already) becoming too expensive to go to the top resorts because of all the service charges and taxes,” Managing Director of Viluxur Holidays told TTG.
