Withholding Tax and tourism sector GST moves online
The Maldives Inland Revenue Authority has on Monday issued a ruling mandating the online filing and payment of Withholding Tax and tourism sector GST.
This ruling makes it mandatory for taxpayers to file their Withholding Tax Returns and tourism sector GST Returns and make related payments to MIRA via MIRAconnect.
The ruling also notes that under Section 17 of the Online Filing and Payment Regulation (Regulation Number 2015/R- 147), the Commissioner General shall have the discretion to make it mandatory for taxpayers who meet the conditions determined by MIRA to file their tax returns via MIRAconnect and to make payments online or via , pursuant to a notice issued by the Commissioner General.
It also states that “Notwithstanding paragraph 3 (a) and (b) of the Tax Ruling TR-2015/A3 (Mandatory online filing and payment for large taxpayers), all taxpayers shall file their Withholding Tax Returns (MIRA 301) and their GST Returns for Tourism Goods and Services (MIRA 206) to MIRA via MIRAconnect and make related payments via MIRAconnect or MRTGS, from 1 October 2016 onwards.
“Notwithstanding paragraph 3 of this ruling, the Commissioner General shall have the discretion to accept tax returns filed and payments made otherwise, upon request of the taxpayer.”
The ruling comes to effect as of 29 August 2016.