Majlis committee recommends changes to tourism taxes and resort lease extensions
30 Jan 2014, 4:39 PM
Zaheena Rasheed
A People’s Majlis committee has recommended revising the Maldives Tourism Act and tax legislation in order to realise President Abdulla Yameen’s revenue raising measures as proposed in the 2014 state budget.
The committee has recommended collecting resort lease extension fees upfront over a two-year period, reintroducing the discontinued US$8 bed tax until November 30, and hiking Tourism Goods and Services Tax [T-GST] from 8 to 12 percent from November 1.
Further recommendations include increasing the airport departure charge from US$18 to US$25, and levying a 6 percent tax on telecommunications.
The revisions will be debated at an extraordinary parliamentary sitting scheduled for February 3.
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