Maldives opposition pledges income tax
An income tax bill was proposed by the MDP government in 2011.
21 Aug 2018, 9:00 AM
Opposition candidate Ibrahim Mohamed Solih ‘Ibu’ pledged Monday to introduce an income tax if the Maldivian Democratic Party-led coalition wins the September 23 presidential election.
A progressive income tax is necessary to bridge the gap between rich and poor and to complete the taxation system introduced by the MDP government, Ibu told the press.
“We will do this after proper study and consultation with all stakeholders. Income tax will be taken from the wealthy, those who earn a certain amount of income,” he said.
An income tax law would be passed under a coalition government, which would be an important step towards combating corruption and generating revenue to provide essential public services, he added.
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