Major Revisions to Law of Mongolia on Corporate Income Tax
30th January 2020, Ulaanbaatar city. We hereby deliver you to some major amendments to Law of Mongolia Corporate Income Tax (hereinafter referred to as the “CIT”) which came into force from 1 January 2020. Tax rate fluctuation According to previous CIT became
New Law and Regulations that will become effective from 1 January 2020
7th, January 2020, Ulaanbaatar city. Amendment of the Package tax laws of Mongolia came into force Package tax laws of Mongolia namely Law of Mongolia on General Taxiation, the Corporate Income Tax Law, Personal Income Tax Law and Value Added Tax