Politics

Everyone equally subject to tax regulations – Press Releases

The President's Office

The Maldives Government today stated that the current Administration will not differentiate in any way, when it comes to enforcement and collection of tax by the Maldives Inland Revenue (MIRA).

At a press conference held this afternoon at the President’s Office Minister of Tourism Hon. Moosa Zameer, Minister of Finance and Treasury Hon. Ahmed Munawar and Chairman of the Economic and Youth Council and Minister at the President’s Office Hon. Ahmed Zuhoor updated the media on immediate issues in the news relating to enforcement actions by MIRA as it relates to Administration policy and processes.

Informing the media on the issue of Villa Shipping and Trading Company Limited’s outstanding taxes, the Tourism Minister stated that there were more than 2,000 issues of outstanding taxes to MIRA, from which around 200 were related to the Tourism Industry. Tourism Minister stated that according to the data received from MIRA, bank accounts of 17 businesses have been frozen due to outstanding taxes and related fines. He stated that MIRA’s tax collection system will apply to everyone in a similar manner and that it will not differ from one individual to the next.

Full details are available from the link below:

Source URL: The President's Office

Related:   IMF Executive Board Concludes 2017 Article IV Consultation with Maldives - International Monetary Fund

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