The government has proposed an amendment to the Tourism Act that would end the application of Tourism Goods and Services Tax (TGST) to timeshare properties and replace it with a tourism real estate tax. The bill was submitted to parliament by MP Ahmed Easa and its first reading was held on Thursday.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
The amendment was submitted to parliament on the government's behalf by Ahmed Easa, Member of Parliament (MP) for the Kendhikulhudhoo constituency and the first reading of the bill was held on Thursday.
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