The authorities arrested an expatriate worker at the Maldives’ main airport who was attempting to leave the country with over USD 69,000 to evade paying Remittance Tax.
Remittance Tax was implemented last year after an amendment to the Employment Act to impose a three percent remittance tax on expatriate workers and obligate employers to deposit expat remuneration in banks. The Act criminalises cheating on Remittance Tax or assisting tax fraud and evasion.
Maldives Inland Revenue Authority (MIRA) stated that the money has been taken back as tax and penalty fees. However, the authority did not reveal the nationality of the expatriate or the date of arrest.
The Act states that any individual that attempts to cheat on Remittance Tax or carry an expatriate’s money out of the country without paying Remittance Tax will be penalised the same amount they were carrying.
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