Maldives begins collecting income tax from public wages

1 month ago

The Maldives has begun collecting income taxes from the wages/salaries of the public. The Income Tax Act was ratified into the law by the president in December 2019. The country began collecting taxes from individuals’ earnings (other than wages and salaries) in January. Today, the country began collecting taxes from the wages/salaries of the public. The tax brackets for the collection of