The Maldives Inland Revenue Authority (MIRA) has published the English-language version of the First Amendment to the Income Tax Act (Law no. 15/2021), which was originally published in the Dhivehi language on 20 July 2021 and effective from that date. As previously reported, this includes amendments to the rules on permanent establishments, amendments to the scope of income derived from the Maldives, new provisions for 10% withholding tax on offshore indirect transfers, and other changes. A…