Mongolia: Parliament approves changes to corporate and personal income tax laws

06 May, 2024

Mongolia’s parliament has approved new changes to corporate income tax laws and personal income tax laws. It also introduced a capital gains tax on stock and securities transactions. The laws will go into effect starting 1 July

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New Zealand announces  5% annual tax on interests in FIFs

05 May, 2024

New Zealand’s Inland Revenue announced that New Zealand taxpayers with interests in foreign investment funds (FIFs) or foreign stocks, with a total portfolio value (excluding select Australian stocks) over NZ$50,000, will be imposed an annual tax

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