Council
Economic Committee
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Economy
Public invited to comment on bill to scrap inbound tourism GST
The People's Majlis has opened a public consultation on a bill proposing to abolish GST on inbound tourism products and related services supplied by businesses without a permanent establishment in the Maldives. The bill, submitted by Kolamaafushi MP Ibrahim Didi on 26 August and referred to the Economic Committee, estimates the government could forgo MVR 1.61 billion in projected revenue, and the public can submit comments by noon on 9 November.
Economy
Public invited to comment on proposed tax appeal changes
Parliament's Economic Committee has opened a public consultation on a bill amending the Tax Administration Act, which would set circumstances requiring taxpayers to pay 100 per cent of disputed tax before appealing a MIRA decision to the Tax Appeal Tribunal, up from the current 50 per cent. The bill was submitted by PNC Member for Funadhoo Mohamed Mamdhooh on behalf of the Government and referred to the committee on Monday, with feedback open until 12 noon on 5 November.
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