The Maldives Inland Revenue Authority (MIRA) has published an English-language version of the Second Amendment to the Income Tax Regulation 2021/R-55, which was first published on 19 April 2021 and includes various amendments. Some of the key changes include the following:
- Rules regarding an exemption from filing an income tax return are amended, including:
- individuals are not required to file an income tax return if the taxable income and gross income of the individual for the accounting p…