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Maldives Publishes Act Repealing Stamp Duty

|Approved Changes|Maldives
Maldives

The Maldives Inland Revenue Authority (MIRA) has published the Revenue Stamp Act (Repeal) Act (Law no. 13/2021), which was ratified by the president and published in the Official Gazette on 11 July 2021. The Act provides for the repeal of the Revenue Stamp Act (Law no. 4/70) with effect from the date of publication (11 July 2021). As previously reported, the repeal of stamp duty is meant to br…

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