MIRA Freezes 285 Bank Accounts, Recovers MVR 90 Million in Unpaid Taxes

The Maldives Inland Revenue Authority (MIRA) froze 285 bank accounts and recovered MVR 90.3 million in unpaid taxes last year. Actions against 17,054 tax evaders recovered MVR 3.9 billion. Notices to 10,013 parties yielded MVR 2.2 billion, while 6,234 parties paid by deadline collecting MVR 1.4 billion. MIRA's name and shame policy recovered MVR 259.5 million from 473 persons. Reminders recovered MVR 3.4 million from 32 parties, and legal action against 20 evaders recovered MVR 335,429. MIRA allowed instalments for defaulters with MVR 1.9 billion outstanding, receiving MVR 1.2 billion.

The Maldives Inland Revenue Authority (MIRA) froze 285 bank accounts and recovered MVR 90.3 million in unpaid taxes last year. Actions against 17,054 tax evaders recovered MVR 3.9 billion. Notices to 10,013 parties yielded MVR 2.2 billion, while 6,234 parties paid by deadline collecting MVR 1.4 billion. MIRA's name and shame policy recovered MVR 259.5 million from 473 persons. Reminders recovered MVR 3.4 million from 32 parties, and legal action against 20 evaders recovered MVR 335,429. MIRA allowed instalments for defaulters with MVR 1.9 billion outstanding, receiving MVR 1.2 billion.

The Maldives Inland Revenue Authority (MIRA) froze 285 bank accounts and recovered MVR 90.3 million in unpaid taxes last year. Actions against 17,054 tax evaders recovered MVR 3.9 billion. Notices to 10,013 parties yielded MVR 2.2 billion, while 6,234 parties paid by deadline collecting MVR 1.4 billion. MIRA's name and shame policy recovered MVR 259.5 million from 473 persons. Reminders recovered MVR 3.4 million from 32 parties, and legal action against 20 evaders recovered MVR 335,429. MIRA allowed instalments for defaulters with MVR 1.9 billion outstanding, receiving MVR 1.2 billion.

This story involves 1 source and may affect public understanding of tax recovery / bank account freeze.