3,417.49A proposal of “reducing Social Insurance Fee and Personal Income Tax by 50 percent” posted in the electronic system of
A proposal of “reducing Social Insurance Fee and Personal Income Tax by 50 percent” posted in the electronic system of
Mongolia will introduce a tax-free system from January 2024, exempting foreign citizens from value-added tax. The move is part of
On November 11, 2022, the Parliament approved the Law on Amendments to the Personal Income Tax Law. The new law
In Mongolia, men’s average life expectancy is 66, however, the Government aims to increase the retirement ages to 65. Therefore,
Kincora Copper Ltd. today announced that its Mongolian subsidiary Golden Grouse IBEX LLC has received a 2021 tax assessment for
The national livestock census has been underway across the country since the 15 December. According to statistics from 2019, there were
The Mongolian Government has zeroed social insurance taxes for workers and enterprises from the private sector between April and October
Mongolia’s capital city, Ulaanbaatar, had been increasing the pace of its transition to online platforms and tools, and the benefits
Earlier today (20 April), Mongolian Finance Minister Ch.Khurelbaatar made a statement to clear up some public misunderstandings over social tax
In 2019, Mongolia’s tax revenue reached MNT 9.7 trillion – an increase of MNT 1.5 trillion or 18.8% compared to