Дэлхийн түвшний Монгол хуульчид

THE LIST OF EQUIPMENT SUBJECT TO THE PERSONAL INCOME TAX DEDUCTION HAS BEEN APPROVED

Article 23, sub-article 23.7 of the Personal Income Tax Law states “if the taxpayer has purchased solar, wind, underground, thermal or other renewable energy equipment, equipment for producing semi-coking coal, gas and liquid fuel, standard furnaces, low-pressure furnaces, insulation materials, electric and gas heaters for personal use, once provided receipt of purchase the taxpayer is eligible for an annual income tax deduction”

Accordingly, the Government issued the Resolution No. 469, approving the “List of solar, wind, underground, thermal or other renewable energy equipment, equipment for producing semi-coking coal, gas, and liquid fuel, standard furnaces, low-pressure furnaces, insulation materials, electric and gas heaters” subject to the personal income tax in December 25, 2019.

Please click here to see the list.

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