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Parliament passes bill to fix tourist tax at US$8

The Maldives parliament, the People’s Majlis on Monday, April 12, passed an amendment to Clause 35 of the tourism law to raise the tourist tax from U$6 to US$8 per day.

The amended law will come into force beginning November 2004.

 

Resorts, hotels, guesthouses and safari cruises are required to pay the tax to the government in US dollars. However, the government will also accept an equivalent amount paid in any other currency accepted by the Maldives Monetary Authority (MMA) which is the country’s central bank.

 

MMA accepts all major foreign currencies. At Monday’s parliament session, the new law was passed with 42 votes in favor out of the total 44 members present.

 

The last time the tourist tax was changed was in 1988. Since then, over the past 15 years, many changes have occurred with regard to value of currency, commodities, and services in Maldives, the government said.

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