The law on Capital City Tax will be effective starting today. State Great Hural approved the law at the meeting held on June 19, 2015.
According to the law, Capital City Tax is imposed on entities providing four special services including bar, restaurants, hotel and resort as well as retailers of all types of alcoholic beverages and cigarettes, which are operating on the premises of the Capital City.
Rate of Capital City Tax was planned to be set around 0-1,0 percent based on the location and concentration of population. Thus, 29th regular meeting of City Council set the Capital City Tax at 1 percent.
Regulation to register a tax payer, removal from registration and receipt of information was approved. The regulation is effective from today. A working group to enforce the regulation has been established.
Specifically, if you buy a cigarette at MNT 3000, you will pay additional MNT 30 for Capital City Tax. Income of Capital City Tax will be invested to the development of city infrastructure and tourism.
The law on Capital City Tax will be effective starting today. State Great Hural approved the law at the meeting held on June 19, 2015.
According to the law, Capital City Tax is imposed on entities providing four special services including bar, restaurants, hotel and resort as well as retailers of all types of alcoholic beverages and cigarettes, which are operating on the premises of the Capital City.
Rate of Capital City Tax was planned to be set around 0-1,0 percent based on the location and concentration of population. Thus, 29th regular meeting of City Council set the Capital City Tax at 1 percent.
Regulation to register a tax payer, removal from registration and receipt of information was approved. The regulation is effective from today. A working group to enforce the regulation has been established.
Specifically, if you buy a cigarette at MNT 3000, you will pay additional MNT 30 for Capital City Tax. Income of Capital City Tax will be invested to the development of city infrastructure and tourism.