Maldives Inland Revenue Authority (MIRA) conducted an awareness session on Tax Compliance for Multinational Enterprises
Seminar hosted by MIRA on tax compliance for Multinational Enterprises commences with the speech by Deputy Commissioner General of Taxation, Ms Fathimath Ameeza.#GulhigenMIRA pic.twitter.com/kg9BL61NVM
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
Director of Taxpayer Education, Mr. Hussain Amir kicking off the first session by focusing on unregistered permanent establishments. He has also highlighted common issues encountered in attribution of profits to permanent establishments. #Gulhigenmira pic.twitter.com/WV2MzeYFur
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
Deputy Director of International Tax Audit Division, Mr. Bunyaameen Mohamed shared insights into key financing structure, covering loan deductions, debt-to-equity ratios in related-party transactions, and interest deduction rules for funding arrangements. #Gulhigenmira pic.twitter.com/ztwCSJGI99
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
Manager of International Tax Audit Ms. Sausan Saeed led an insightful discussion on intra-group service arrangements, highlighting key compliance considerations such as shareholder activity deductions, service duplication, fee structures, low-value services, centralized… pic.twitter.com/B4RXl5WTvy
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
Director General of Large Taxpayer and International Tax Audit Department, Ms Nafa Waheed shared key insights, addressing tax compliance issues in business combinations, ranging from asset acquisition mischaracterization and valuation manipulation to capital asset disposals and… pic.twitter.com/Lq3R8RLimb
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
5th session led by Deputy Director of Medium Taxpayer Audit, Mr. Abdulla Afhaam, focused on capital asset valuation in related party transactions and claiming capital allowance. #Gulhigenmira pic.twitter.com/yueb29Nmv2
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
Deputy Director of Engagement, Mr. Ahmed Shaheen, led the session on record keeping. The session provided a comprehensive overview of
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025
the importance of record keeping & maintaining transfer pricing documentation and completion of income tax return. #Gulhigenmira pic.twitter.com/I6zUJvtjeV
Successfully concluded the Awareness Seminar on Tax Compliance for Multinational Enterprises, marked by insightful sessions, engaging discussions, and valuable knowledge sharing among participants. The seminar ended with closing remarks by Assistant Commissioner General, Mr.… pic.twitter.com/vKsqvUQFkG
— Maldives Inland Revenue Authority (@MIRAmaldives) July 9, 2025