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Maldives News




OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Read Full Story

 


Maldives Introduces Thin Capitalization Rule

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, May 11, 2018

The Maldives Inland Revenue Authority has issued a ruling prescribing a thin capitalization rule to limit deductions for interest and payments economically equivalent to interest. Read Full Story

 


Maldives Signs First Bilateral Free Trade Deal, With China

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, December 13, 2017

China and the Maldives signed a free trade agreement on December 7, having concluded negotiations towards the deal in September. Read Full Story

 


OECD Global Forum Discusses Tax Transparency Progress

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 17, 2017

200 delegates from more than 90 delegations met in Yaoundé, Cameroon, on November 15-17, 2017, for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. Read Full Story

 


China, Maldives Agree Free Trade Agreement

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, September 19, 2017

China and the Maldives have completed negotiations towards a free trade deal, it was announced after the fifth round of negotiations on September 16. Read Full Story

 


Hong Kong To Negotiate FTAs With Georgia, Maldives

by Mary Swire, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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

 

 

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