Solomon Islands to Repeal Travel Agent Tax

The Solomon Islands' government is set to implement a plan that would make tour operators exempt from having to withhold taxes on offshore payments to travel agents facilitating bookings. The islands' Minister of Finance, Gordon Darcy Lilo, said the small amount of revenue gained from the taxes would be offset by the economic gains of a better-operating tourism industry. The plan only concerns bookings that do not exceed a 10 percent commission. Any payment in excess of that amount will still be liable for the withholding tax.

Suggested Articles:

The Rwanda Development Board has announced that commercial flights will once again be welcomed back into the country starting August 1, 2020. 

On July 23, Carnival Corp. and the World Travel & Tourism Council will host a Global Science Summit on COVID-19. Here's what you need to know.

Additional sources of funding are required to help Caribbean tourism withstand future crises, according to a study on the effects of COVID-19 on DMOs.