February tax receipts jump by almost 20 percent
The revenue statistics for last month records a total revenue of MVR1.3 billion (US$82.96 million).
12 Mar 2018, 9:00 AM
The Maldives tax authority has reported an almost 20 percent bump in revenue for February 2018 compared to the same period last year.
The revenue statistics for last month, published on Sunday by the Maldives Inland Revenue Authority (MIRA), records a total revenue of MVR1.3 billion (US$82.96 million).
An increase in tourist arrivals in January led to higher collection from two taxes – green and GST – as did the inclusion of a fee levied on passengers travelling abroad from Velana International Airport.
Money owed to MIRA under its enforcement policy also contributed to the increase.
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