Green tax revenues plunge by 89% in May

Maldives Inland Revenue Authority (MIRA) has revealed that the Green Tax collected through the state revenue for May, plunged by 89%.

In a publication, the authority highlights its statistics for monthly revenue collection which reads that MIRA collected MVR 7,960,595 as Green Tax during May 2020.

However, statistics have revealed that the state collected over MVR 77.6 million in Green Tax, during the same period of the previous year.

Further, it has been noted that the state collected MVR 279,691,320 as green tax from January to May 2020, whereas the amount was at MVR 402,418,686 during the same period last year.

This is a drop in 5.5%, reveals statistics

MIRA revealed that they received over MVR five billion through taxes from January to May this year, while the amount was at MVR seven billion during the same period last year.

Maldives began collecting Green Tax during 2016 and USD six is collected as Green Tax from every tourist, for each night of their stay in the Maldives.

Maldives Inland Revenue Authority (MIRA) has revealed that the Green Tax collected through the state revenue for May, plunged by 89%.

In a publication, the authority highlights its statistics for monthly revenue collection which reads that MIRA collected MVR 7,960,595 as Green Tax during May 2020.

However, statistics have revealed that the state collected over MVR 77.6 million in Green Tax, during the same period of the previous year.

Further, it has been noted that the state collected MVR 279,691,320 as green tax from January to May 2020, whereas the amount was at MVR 402,418,686 during the same period last year.

This is a drop in 5.5%, reveals statistics

MIRA revealed that they received over MVR five billion through taxes from January to May this year, while the amount was at MVR seven billion during the same period last year.

Maldives began collecting Green Tax during 2016 and USD six is collected as Green Tax from every tourist, for each night of their stay in the Maldives.

Green tax revenues plunge by 89% in May

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Green tax revenues plunge by 89% in May

Comments

Tax authority launches awareness tour in outlying islands

MIRA publicizes list of companies that failed to submit tax reports last year

MIRA cautions taxpayers over fraudulent tax agents

MIRA has publicized profiles of 113 companies with pending tax payments

MIRA to hold its fifth 'Tax Week' in August

On This Day

Despite Pres. Muizzu’s UK trip to promote tourism, no updates on Liverpool's social media

Police seek suspects in hit-and-run on street sweeper

Maldives committed to work closely with Sri Lanka to enhance fisheries sector: FM Shahid

FM Shahid committed to boost cooperation with Mauritania through close collaboration

Gov't extends applications for HRCM membership vacancy

PPM\'s Ghassan secures Guraidhoo seat

Lawyer criticizes Attorney General over rights issues