25 September 2005

Definition of Taxable Income of a Private Cattle-breeder

Posted by khuushuur under: mongolia .

Personal Income Tax Law of Mongolia: “

Taxable income of a citizen from livestock production, who has private cattle’s is defined by shifting herds of livestock to cattle herd.

A cow, a horse, a camel is each equal to a cattle herd; and 9 goats and 7 sheeps are equal to a cattle herd.”

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  • yan
    Do they put the tax on each cow equivalent raised, eaten, or sold?


    And is anybody actually paying this tax?
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