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Maldives News - Business, Taxation & Offshore

Hong Kong To Negotiate FTAs With Georgia, Maldives

by Mary Swire,, Hong Kong

Monday, May 9, 2016

The Government has announced that Hong Kong will soon commence free trade agreement negotiations with Georgia and Maldives, and has prepared a consultation document so that interested parties can put forward suggestions on areas to be covered in the two agreements.Read Full Story


Ten Nations Praised For Tax Transparency Improvements

by Ulrika Lomas,, Brussels

Monday, March 14, 2016

Ten more countries have been assessed as having made improvements to their frameworks to exchange information with other countries to tackle tax evasion.Read Full Story



Tax Collection Still Low In South Asia, World Bank Says

by Mary Swire,, Hong Kong

Thursday, October 8, 2015

The World Bank said in a recently released report that South Asia's rapid economic growth has not yet translated into significantly higher government revenue generation and improved fiscal balances.Read Full Story


South Asian Territories Need Expanded VATs

by Mary Swire,, Hong Kong

Wednesday, January 21, 2015

In its recent Global Economic Prospects report, published this month, the World Bank has called on countries in South Asia to broaden the scope of their consumption tax regimes, including by removing tax breaks and raising rates. Read Full Story



Maldives Hikes GST On Tourism Services

by Mike Godfrey,, Washington

Wednesday, November 5, 2014

The rate of goods and services tax on tourism services in the Maldives increased to 12 percent from November 1, 2014. Read Full Story


UK Drops In Tax Competitiveness Index

by Robert Lee,, London

Thursday, November 17, 2011

While the UK has a competitive tax system it risks being overtaken by other economies easing tax burdens for businesses, according to a new report from PwC.Read Full Story