Ulaanbaatar
Some laws adopted by parliament
PoliticsUlaanbaatar /MONTSAME/ At its plenary meeting on Friday, the parliamentary session adopted a draft amendment to the law on the income tax of individuals, after running its first discussion.
By the amendment, tax will not be imposed upon the interest of bank savings owned by people. It will be in force until 2018.
The same day, the session passed a draft amendment to the law on customs tariff and customs tax, which are to exempt importing facilities from customs tax in conjunction with boosting renewable energy sector. The law has been initiated by S.Oyun MP.
After this, the MPs carried out first discussion of a bill on the General Authority of Customs Tax, and passed it to the final discussion.
