Maldives Increasing GST Rate for Tourism Sector and Other Amendments
The Maldives Inland Revenue Authority (MIRA) has issued a release announcing the ratification of the Seventh Amendment to the Goods and Services Tax Act, which increases the GST rate for tourism goods and services from 16% to 17% with effect from 1 July 2025. The Seventh Amendment also amends the scope of tourism goods and services to provide that goods and services sold in cafes in tourist es…
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