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Mongolia News




Rio Tinto Publishes Details Of Taxes Paid In 2016

by Mary Swire, Tax-news.com, Hong Kong

Thursday, April 13, 2017

Mining giant Rio Tinto has said that it paid USD4bn in taxes and royalties in 2016, with its total direct economic contribution amounting to USD35bn. Read Full Story

 


China Proposes Free Trade Deal With Russia, Others

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 25, 2016

China's Deputy Minister of Commerce, Qian Keming, has proposed that the member countries of the Shanghai Cooperation Organization (SCO) – China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan – should establish a free trade agreement (FTA). Read Full Story

 


Japan, Mongolia Sign Free Trade Treaty

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 11, 2015

On February 10 in Tokyo, Japan's Prime Minister, Shinzo Abe, and his Mongolian counterpart, Chimed Saikhanbileg, signed an economic partnership agreement between their two countries. Read Full Story

 


Asia-Pac Tax Agencies Agree Cooperation

by Mary Swire, Tax-News.com, Hong Kong

Monday, December 1, 2014

At its recent meeting in Sydney, the 44th Study Group on Asian Tax Administration and Research agreed greater regional cooperation on tax issues. Read Full Story

 


Asia-Pac Tax Commissioners Meeting In Sydney

by Mary Swire, Tax-News.com, Hong Kong

Monday, November 24, 2014

Tax Commissioners from the Asia-Pacific region are meeting in Sydney this week to agree on a regional plan to tackle profit shifting and base erosion and improve tax transparency and cooperation. Read Full Story

 


Japan, Mongolia Ink Free Trade Deal

by Mary Swire, Tax-News.com, Hong Kong

Friday, July 25, 2014

Following a meeting in Tokyo between the Japanese Prime Minister Shinzo Abe and Mongolia's President Tsakhiagiin Elbegdorj, it has been announced that their two countries have reached an agreement on the substance of a bilateral free trade agreement. Read Full Story

 


Mongolia Provides Tax Certainty For Foreign Investors

by Mary Swire, Tax-News.com, Hong Kong

Thursday, October 10, 2013

The Mongolian Parliament has passed a new investment law that is intended to introduce a stable tax and legal background for foreign direct investors. Read Full Story

 


South Korea To Host Asia-Pac Fiscal Management Network

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, December 12, 2012

Following the signature of an agreement between the Korea Institute of Public Finance and the World Bank, it has been decided that the Secretariat for the Public Expenditure Management Network in Asia will be located in Seoul, South Korea. Read Full Story

 


IMF Urged Mongolia To Safeguard Mining Revenues

by Tatiana Smolenskaya, Tax-News.com, Moscow

Monday, November 19, 2012

The Mongolian government has received a new report from the International Monetary Fund advising of necessary changes to the nation's network of double tax agreements to close unintended loopholes that enable multinationals to engage in tax planning to avoid tax payable on local mineral extraction projects. Read Full Story

 


Mongolia Seeks More Tax From Rio Tinto Mega Project

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, October 17, 2012

Turquoise Hill Resources, majority owned by Rio Tinto, has rebuffed a second request from the Mongolian government to renegotiate the terms of an investment agreement, which provides generous tax concessions for the companies' flagship Oyu Tologi copper mining project that is due to begin operations in 2013. Read Full Story

 

 

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