Villa Hotels and Resorts has not paid taxes for 10 months

Maldives Inland Revenue Authority have stated Villa Shipping and Trading has not paid GST and Green tax for the past 10 months.

The authority have highlighted since last year march Villa Hotels and Resorts four resorts have not paid any amount and since then the amount has already mounted to USD 5.1 Million as tax payments.

According to rumors that has been spread about the operations to bring in liquor that belongs to villa hotel under customs control. The agency denied any involvement in the operation. But agency has confirmed the company has not paid land rent tax since march which had gone up 18.9 Million Dollars. In light of the tax issues agency have taken action on it and implemented harsh measures. According to MIRA resort which actions has been taken on are Fun Island, Sun Island , Holiday Island and Paradise Island.

Currently the companies liquor licence has been suspended as of last month 22nd as an action against the company. This action has been take because the company fail to comply with tax payments. Also the economic ministry has recently taken action on Royal island resort as well by cancelling liquor license.

Previously many law suits have been filed against gasims companies and MIRA have tried many times to do so.

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