On November 22, 2022, the Deputy Commissioner General of Taxation published Circular 220-TD/CIR/2022/04 increasing the general goods and services tax rate from 6% to 8%. This rate change will be effective from 1 January 2023.
Source: SOVOS
Latest Posts in "Maldives"
- GST Rate for Tourism Goods and Services Rises to 17% Starting July 2025
- Maldives Shifts GST Policy from Origin to Destination Principle, Raises Tourism Tax
- Maldives President Approves Taxation Act Amendments, Including Increase in GST for Tourism Sector
- Maldives Enacts Law To Hike VAT On Tourism Sector
- President Ratifies Amendments to Three Taxation Acts on 5 November 2024














