MIRA Calls Upon Taxpayers That Do Not Meet Registration Requirements to Deregister
The MIRA has issued announcements requesting taxpayers who do not fulfil tax registration requirements under the Tax Administration Act, or GST registration requirements to deregister from tax.
The announcement, issued on 16 January 2019, reminds…
Cash Declaration Limit Changed
The Maldives Monetary Authority, on 17 January 2019, published the first amendment to the Regulation on Cross Border Currency Declaration Amount.
The changes introduced now require passengers travelling with USD 20,000 or more, and are travelling…
High Court Judgement: Jumeirah Management Services (Maldives) v SPH
A case concerning the courts’ powers in granting interim injunction order in court actions related to arbitral proceedings, in which the High Court of the Maldives held that the Court has the same powers as the arbitral tribunal to render interim orders in such cases related to arbitral proceedings
Shipping Agency Regulation
On 26 November 2020, the Shipping Agency Regulation was published. The Regulation contains the standards and procedures to be followed by shipping agencies providing services to cargo vessels arriving to a Maldivian port.
Overview of Green Tax
This publication gives an overview of how Green Tax is imposed under the Maldives Tourism Act.
Second Amendment to the Immigration Act
On 25 November 2020, the Second Amendment to the Immigration Act, amending the requirements for issuing the corporate resident visa, is published.
Supreme Court Judgement: Maryam Rasheedha v Ahmed Nazim
An appeal concerning the validity of a lease contract in which the Supreme Court held that the contract cannot be void or deemed voidable on the grounds that it impedes the obligations of a father to provide shelter to the child.
Twenty Seventh Amendment to GST Regulation
Maldives Inland Revenue Authority (‘MIRA’) on 5 November 2020, published the Twenty Seventh Amendment to the Goods and Services Tax Regulation.
FAQs on Service Charge
We answer some of the FAQs on the application of service charge on tourism services, introduced by the 6th Amendment to the Employment Act.
Supreme Court Judgement: Aminath Naazly v Seagate The International Pvt Ltd
An appeal where the Supreme Court considered when new evidence can be adduced during the appeal at the Supreme Court. The Court established the criteria that needs to be met before leave to adduce new evidence on an appeal can be granted.
Supreme Court Judgement: Medianet v Maldives Inland Revenue Authority
A case in which the Supreme Court held that a taxpayer may challenge the MIRA's assessment even at the Civil Court, and that “other property” stated in Section 6(a)(1) of the BPT Act must be construed to include only tangible property.
Tax on Pro Bono Legal Services
This article explores the current tax position on providing pro bono legal services, giving a view that is critical for lawyers and policymakers.