Mongolian herders to pay taxes from 2021 - News.MN

Mongolian herders to pay taxes from 2021

Mongolian herders to pay taxes from 2021

The national livestock census has been underway across the country since the 15 December. According to statistics from 2019, there were a total 70.9 head of livestock animals; this was an increase of 4.5 million animals or 6.8 percent on the previous year.

The new Law on Livestock passed by Mongolian Parliament will come in force from January, 2021. According to the law, herders will pay taxes of up to MNT 2000 per animal dependent upon location.

The livestock population had risen to 90 million by nearly 20 million new born animals last spring. Subsequently, Mongolia culled 20 million animals for local consumption and exports needs. It is estimated that there will be between MNT 70-140 billion from the livestock taxes.

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