Maldives records nine percent hike in Green Tax

Revenue generated from Green Tax introduced last year had recorded a nine percent increase so far this year, inland revenue statistics have shown.

Green tax was introduced in October last year for tourists who stay in tourist resorts, tourist hotels, tourist vessels and guesthouses. USD6 is payable per day of stay from tourist resorts, tourist hotels and tourist vessels while USD3 is payable by tourist guesthouses. Maldivians and resident permit holders are exempt from the environmental tax.

According to the statistics, Maldives Inland Revenue Authority (MIRA) had collected MVR570 million by October this year which is a nine percent increase from the MVR519 million received in the corresponding period last year.

The fourth highest income earner for the state from the tourism sector, had raked in MVR53 million in October alone which is a significant jump from the MVR49 million recorded in the same month last year.