The Maldives Inland Revenue Authority (MIRA) has published the Revenue Stamp Act (Repeal) Act (Law no. 13/2021), which was ratified by the president and published in the Official Gazette on 11 July 2021. The Act provides for the repeal of the Revenue Stamp Act (Law no. 4/70) with effect from the date of publication (11 July 2021). As previously reported, the repeal of stamp duty is meant to bring convenience and improve the ease of doing business. Further, the government sought to repeal the…