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Government Offers Tax Breaks For Tech Startups & Financial Sector

  • Writer: Mongolia Weekly
    Mongolia Weekly
  • Oct 21, 2022
  • 1 min read

As the 2023 budget debate is ongoing at the parliament, the government is proposing to reduce several taxes (including withholding taxes) for startups, investment funds, and IT enterprises. The government also wants to boost the financial industry by removing capital gains tax in the securities market.

Tax Cut in Mongolia

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