MIRA orders India's GMR to pay USD20 mln in taxes, penalties

Maldives Inland Revenue Authority (MIRA) has ordered GMR Group of India to pay USD 20.5 million (over MVR 360 million) in taxes and penalties to the Maldivian government.

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Former President Mohamed Nasheed pictured with officials of India's GMR Group at the main airport of the Maldives.

Fathmath Shaahunaz

2018-06-03 20:13:24

Maldives Inland Revenue Authority (MIRA) has ordered GMR Group of India to pay USD 20.5 million (over MVR 360 million) in taxes and penalties to the Maldivian government.

According to Indian media, the tax authority late last year ordered GMR, which had been awarded operations of the Maldives' main airport during the regime of former President Mohamed Nasheed, to pay USD 20.5 million as Business Profit Tax (BPT), Withholding Tax and penalties.

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