Taxing foreign tour operators: ‘IMF’s advise sought'

3 days ago

Finance Ministry has stated that it consulted the International Monetary Fund (IMF) on the collection of Goods and Services Tax (GST) from foreign tour operators and international booking platforms, assuring that the tax will be implemented in a manner that minimizes the impact on Maldivians. As part of efforts to implement the ‘Destination Principle’ in the Maldives, the government has submitted