MP plans changes in personal income tax system - News.MN

MP plans changes in personal income tax system

Old News! Published on: 2010.07.23

MP plans changes in personal income tax system

Avatar
Г. Нэргүй
Uncategorized

An MPRP MP, D.Baldan-Ochir, has revealed his plans to
soon submit a proposal for wide ranging changes in the tax system. He wants all
citizens to be included in a general data base, where everybody’s income and
assets will be registered. No income can be concealed, putting an end to the
rampant tax evasion and bribery in today’s Mongolian society. The database will
also help in the efficient delivery of social welfare benefits.

Mongolians “hardly ever volunteer information” on their
sources of income or pay taxes on their total earning, he claimed. A “tax
education” program to raise popular awareness has been initiated in partnership
with JICA. This will include school lessons on the tax system and the duty to
pay taxes. A series of discussions are planned with the civil society,
government officials, citizens and professionals to devise practical
suggestions on reforming the personal income tax system.

For your Reactions?
0
HeartHeart
0
HahaHaha
0
LoveLove
0
WowWow
0
YayYay
0
SadSad
0
PoopPoop
0
AngryAngry
Voted Thanks!