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…
Overview of the Goods and Services Tax Act
This publication gives an overview of the imposition of Goods and Services Tax imposed under the GST Act.
Overview of Tenth Amendment to the Tourism Act
This publication gives an overview of the 10th Amendment to the Tourism Act.
Year in Review 2020
Our "Year in Review 2020" provides brief summaries of the key legal and tax developments through the year 2020, as the Maldives navigated its way through the COVID-19 pandemic. Some of the issues have also been addressed to in blog posts by our lawyers and tax advisors, and in a variety of our publications.
Overview of Third Amendment to Tax Administration Act
This publication gives an overview of the imposition of the Third Amendment to the Tax Administration Act, that was published in the Government Gazette on 16 December 2020.
Overview of Green Tax
This publication gives an overview of how Green Tax is imposed under the Maldives Tourism Act.
6th Amendment to the Employment Act: Application of Service Charge
This advisory provides answers to some frequently asked questions on the collection and distribution of service charge, introduced by the 6th Amendment to the Employment Act.
Overview of the Public Health Emergency Act 2020
This publication gives an overview of the Public Health Emergency Act 2020 published in the Government Gazette on 22 September 2020.
Overview of Sixth Amendment to Employment Act
This publication gives an overview of the Sixth Amendment to the Employment Act that was published in the Government Gazette on 22 September 2020.
Overview of Bill on Sixth Amendment to Employment Act
This publication gives an overview of the Bill on the Eighth Amendment to the Employment Act that the Maldivian Government has submitted to the People’s Majlis.
Insight: MIRA’s Authority to Initiate Legal Proceedings on Non-tax Amounts
In the case of Moosa Naseer v Maldives Inland Revenue Authority (MIRA), the Supreme Court, on 22 June 2020, passed judgment in favour of Moosa Naseer in a case that, inter alia challenged the MIRA's power to initiate legal proceedings for the recovery of unpaid land rent and fines pursuant to an agreement between the Ministry of Fisheries, Agriculture and Marine Resources (‘MoFAMR’) and Moosa Naseer.