Mongolia’s parliament commenced its spring session, beginning with deliberations on tax law amendments. The body initially prepared to finalize a general tax law revision bill submitted by the government on May 7th, referring it to standing committees. Following this, lawmakers began final discussions on a draft law amending the Law on Corporate Income Tax. The amendments aim to update regulations concerning business taxation within the country. The parliamentary session is currently underway with further debate and potential revisions expected. Details of the proposed changes were not immediately available, but the focus is on corporate income tax legislation. The proceedings are being broadcast publicly.
