Tag: Maldives

Maldives GST reforms and rate rise July 2025

8 December 2024 in

Maldives

Switch from source to destination VAT; rise in tourism rate The Indian Ocean archipelago state of Maldives is switch the basis for determining where Goods and Services Tax (GST) is due and rising the tourism rate on 1 July 2025. Switching to Destination Principle GST

Maldives raises GST from 6% to 8% 2023 update

1 December 2022 in

Inflation

Indian Ocean Island state increases GST and Tourism Tax from 1 January 2023 to finance debt costs The Maldives has passed a rise in the Goods and Services Tax from 6% to 8%. It will also increase the Tourism Goods and Services Tax (TGST) from

Tag: Maldives

Maldives GST reforms and rate rise July 2025

Maldives raises GST from 6% to 8% 2023 update

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