Maldives tax authority sues Mega Maldives

Maldives tax authority sues Mega Maldives
April 29 18:23 2018

The Maldives tax authority is is suing troubled airline firm Mega Maldives to recover MVR76 million (US$4.85 million) in unpaid taxes and fines.

The Maldives Inland Revenue Authority has filed a case with the Civil Court asking for USD$85,202 and MVR2,800 over failure to pay Airport Taxes and Fees (ATF) and submit ATF statements.

It also filed a second case for unpaid withholding taxes, failure to pay the taxes on time and failure to submit withholding statements.

MIRA asked Mega Maldives to pay MVR 63,798,446 over this case. The court has accepted both cases.

Mega Maldives voluntarily liquidated in February after shutting down operations in May 2017, as they could not secure an investor to restart them. It had served as a domestic and international airline.

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