Maldives moves to scrap tax on foreign travel agents and booking platforms
The government has submitted a bill to Parliament seeking to repeal amendments to the Goods and Services Tax (GST) Act that introduced a 17% tax on services provided by overseas booking platforms, travel agents and tour operators. The proposed legislation was submitted on Tuesday by Kolamaafushi MP Ibrahim Didi on behalf of the government. The […]
Resorts, hotels to begin reporting guest data through new MIRA system
The Maldives Inland Revenue Authority (MIRA) has launched the Maldives Guest Information System (MGIS), a digital portal developed for tourism businesses to submit information on tourists staying at their properties. Finance Minister Hassan Zareer officially launched the system at a ceremony held on Thursday. MIRA said the system would streamline the submission of information on […]
Unpacking the penalty notices: Navigating income tax obligations for employees and employers in the Maldivian hospitality sector
Recent reports of former employees and expatriates receiving penalty notices from the Maldives Inland Revenue Authority (MIRA) for unfiled tax returns have sparked significant concern. This serves as a crucial reminder for both employees and employers about their respective responsibilities concerning income tax in the Maldives. Understanding these obligations and proactive compliance is key to […]
