Ministry of Finance has revealed state is owed more than one billion Rufiyaa in tourism-related taxes and fines including TGST and Green Tax.
The ministry disclosed the information as a response to an inquiry from Parliament MP Ibrahim Rasheed, over taxes owed to the government.
In a written response, Minister of Finance Ibrahim Ameer confirmed tax receivables of more than MVR632 million in TGST as of 31st August, with a penalty of MVR240 million. Total amount of TGST including penalty owed to the state is at MVR872 million.
Additionally, as of 31st August, Green Tax receivables to state, not settled, stood at MVR85 million with a penalty of MVR42 million. The minister confirmed Green Tax inclusive of penalty is at MVR128 million.
Meanwhile, Maldives Inland Revenue Authority (MIRA) is attempting to counter tax evasions, which includes disclosure of tax payer defaults and legal action.