Maldives Publishes Guides on Annual and Interim Income Tax Returns for Tax Year 2023 and Confirms Rules on Deducting Donations

The Maldives Inland Revenue Authority (MIRA) has published guides on return filing for tax year 2023. These include:

• Income tax return filing requirements for tax year 2023 (MIRA I844)
• Requirement to file interim return and make payment for the tax year 2023 (MIRA I855)

For companies in general, the annual income tax return (MIRA 604) for tax year 2023 must be filed by 30 June 2024 if gross income for tax year 2022 and 2023 exceeded MVR 2,000,000 or taxable income for tax year 2022 and 2…