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Category - 2021-05-14

MONGOLIA REJECTS MINING COMPANY’S TAX CLAIMS IN INTERNATIONAL DISPUTE, SEEKS DAMAGES

The government of Mongolia has filed its defense and counterclaim in a USD 155 million international arbitrati...

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Category - 2021-05-12

MONGOLIAN TAX AUTHORITY ANNOUNCES TOP TAXPAYERS OF 2020

Mongolia’s General Department of Taxation celebrates second week of every May as ‘Days of Taxpayer...

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Category - 2021-05-12

WOOL INCENTIVES TOTALING MNT 31 BILLION GRANTED TO 88 THOUSAND HERDERS IN 2020

The government of Mongolia annually provides herders with incentives to increase agricultural output and encou...

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Category - 2021-05-10

TOTAL FOREIGN TRADE TURNOVER INCREASES BY 51 PERCENT

General Customs Administration reported that the total trade turnover of Mongolia reached USD 4.4 billion in t...

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News - 2021-05-10

BOM PURCHASES 1.3 TONS OF PRECIOUS METAL

In April, the Bank of Mongolia (BoM) purchased 1.3 tons of precious metal. Thus, total amount of precious meta...

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News - 2021-05-07

UN DECLINES TO AMEND MODEL TAX TREATY ON SOFTWARE PAYMENT TAXATION

The UN Committee of Experts on International Cooperation in Tax Matters, at its 22nd session, held April 19&nd...

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News - 2021-05-07

LOANS TO BE PROVIDED TO SUPPORT AGRICULTURE

3-percent interest rate employment support loans totaling MNT 639.3 billion have been given to 9,304 borrowers...

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News - 2021-05-07

TEMPORARY PROCEDURE FOR REGISTRATION, CONTROL OF CLOSED BOND-DEBTS ISSUED BY NON-BANK FINANCIAL INSTITUTIONS APPROVED

At a regular meeting of the Financial Regulatory Commission (FRC) on 28 April, a total of 27 issues were discu...

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News - 2021-05-07

DEVELOPMENT BANK OF MONGOLIA TO INTEGRATE SUSTAINABLE FINANCING INTO ITS OPERATIONS

Mongolia needs a significant amount of financial resources to meet its nationalized Sustainable Development Go...

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News - 2021-05-04

IS THE VAT SYSTEM FIT FOR A VIRTUAL WORLD?

Back in 2000, computer gaming was revolutionized. Instead of sports games, ego shooters or other genres, peopl...

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