The draft amendments to the Tax Law were discussed at the regular Cabinet meeting on April 29, 2026, and approved for submission to the State Great Khural.

The draft law includes tax support measures totaling MNT 2.2 trillion aimed at reducing the tax burden on citizens and businesses to a reasonable level. It also seeks to protect household incomes, support employment, and expand housing access, ensuring that economic growth benefits every citizen and household. Key provisions include:

Refunding 100 percent of personal income tax for employed individuals earning up to MNT 792,000 per month to ease the tax burden on citizens;
Setting the threshold for simplified tax reporting of business income at MNT 1 billion, allowing eligible entities to pay a 1 percent tax on sales revenue in line with the principle of tax fairness;
Exempting taxpayers from real estate sales tax when selling their owner-occupied residential property, in order to support improvements in living conditions;
Simplifying tax compliance by extending deadlines for filing tax returns and paying taxes, reported the Government Media and Public Relations Department.

Published Date:2026-04-30