Tax Alert, 3 October 2016
This issue covers the following changes to tax laws: 1. Green Tax on guesthouses: Guesthouses to charge Green Tax from 1 October 2016. 2. Publication of…
Entries by Husam Shareef
Tax Alert, 28 August 2016
This issue covers the following changes to tax laws: 1. Changes to imposition of Withholding Tax: Tax is imposed on accrued payments as well. 2….
Remittance tax on expatriates to be introduced
The President, on Thursday has ratified a bill that imposes a remittance tax of 3% on the money transferred abroad by expatriate workers, effective from…
MIRA to collect Green Tax from Guesthouses starting 1st October 2016
Guesthouses will be charged Green Tax on tourists for each day of their stay starting from 1 October 2016, under the eighth amendment to the…
Tax Ruling issued on the GST treatment of imported goods
A Tax Ruling has been issued by the Maldives Inland Revenue Authority (MIRA) on 8 August 2016 clarifying the GST treatment of imported goods. The…
MIRA to introduce Advance Pricing Agreements
The Maldives Inland Revenue Authority (MIRA) has announced that Advance Pricing Agreements (APAs) between taxpayers and MIRA will be introduced this year. This announcement was…
Smart Start Internship Program
Welcome to the CTL Smart Start Internship Program. The program is mainly intended for students interested in pursuing a career in the practice of taxation…
our first publication, “Insight”, is out
We have started publishing “Insight” – a periodical focused on contemporary tax and legal issues. Insight will bring to you information and analysis of the application…
Aishath Asima v MIRA
The Tax Appeal Tribunal (TAT) has held that a payment may be subject to Withholding Tax even if it is made by a person other…
FROM “CTL CONSULTING” TO “CTL STRATEGIES”
To better reflect the essence of what we do and who we are, we have changed our name to “CTL Strategies LLP” effective from today. Our passion…