In our previous Article on this series, we have discussed the provisions regarding Income Tax Law and VAT Law, regulated in the Harmonization of Taxation Regulations ("HPP Law").
The Indonesian Government recently introduced a new tax law, namely Law No. 7 of 2021 regarding the Harmonization of Taxation ("Taxation Harmonization Law"), which entered into force on October 29, 2021.
The Indonesian Government recently introduced a new tax law, namely Law No. 7 of 2021 regarding the Harmonization of Taxation ("Taxation Harmonization…
Indonesia s political will is the key to a successful carbon tax implementation moderndiplomacy.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moderndiplomacy.eu Daily Mail and Mail on Sunday newspapers.
2021-03-01 13:51:12
Ulaanbaatar /MONTSAME/. On February 26, 2021, the Government of Mongolia issued a press release stating that Oyu Tolgoi LLC has paid MNT 229.8 billion as the first installment under the Tax Act issued by the General Taxation Authority of Mongolia (Mongolian Tax Authority - MTA).
“In 2018 MTA imposed a Tax Act for Oyu Tolgoi LLC for additional MNT 377 billion of taxes after conducting audit on its tax filings and returns covering the period of 2013–2015. With respect to around MNT 350 billion of this Tax Act, Oyu Tolgoi had initiated an arbitration process at the London Court of International Arbitration,” the press statement reads.