- Maldives has proposed amending its GST law to use destination-based tax rules for inbound tourism.
- Foreign booking platforms, tour operators, and travel agents without a permanent establishment in Maldives would have to pay Tourism GST on tourism-related sales used in the country.
- The tax would cover services like accommodation, food, transport, and excursions.
- The plan targets foreign suppliers’ margins/commissions at the current 16–17% T-GST rate, with no input tax deductions under the special regime.
- The goal is to close tax loopholes and create fairer competition with local operators.
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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