Significant changes to the Law On Value Added Tax and other legislative amendments

Feb 24, 2016

Starting 1 January 2016, the new Law On Value Added Tax came into force. In addition, there are another changes in the tax law.This tax alert summarises main highlights of the these updates.

  1. New Law On Value Added Tax
  2. Other legislative amendments
    1. New rate of interest on underpaid taxes
    2. Changes to Personal Income Tax Law

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Tsendmaa Choijamts
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Maryna Tarnavska
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