The Maldives government will reverse amendments to the GST Act that required foreign tour operators to pay a 17 percent Tourism Goods and Services Tax, restoring the previous arrangement. Minister of Tourism and Civil Aviation Mohamed Ameen said Parliament was expected to pass the bill within one to two weeks, while MIRA would retain authority to determine fair market prices.
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Government of the Maldives · Reverse the amendments requiring foreign tour operators to pay Tourism Goods and Services Tax and restore the previous arrangement under which foreign tour operators would not be …
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Minister Ameen said the government had initially decided to impose a 17 per cent TGST on tour operators based on recommendations from international financial institutions.
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He said more than 100 major tour operators had since registered with the Maldives Inland Revenue Authority (MIRA).
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The measure came into effect on 1 October following amendments to the law.
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Speaking at a press conference at the World Travel Market (WTM), Minister Ameen said the government had decided to remove the destination principle introduced for TGST, which required foreign tour operators to pay the tax.
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The proposed amendment has now been submitted to the relevant parliamentary committee.
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Minister Ameen said Parliament was expected to pass the bill within one to two weeks, resolving the issue.
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