MPS INITIATES A SPECIAL TAX LAW ON COAL EXPORT

SOME DEMOCRATIC PARTY MPS (Z.ENKHBOLD, L.BOLD, S.ERDENE, D.GANKHUYAG, R.AMARJARGAL AND G.BAYARSAIKHAN) ANNOUNCED TODAY THAT INITIATED A DRAFT ON SPECIAL TAX LAW.

The draft law aimed to set special tax on coal export and collected tax money will be finance for Ulaanbaatar city infrastructure and reduce air pollution.

MP’s told to journalists if set a special tax on coal export than Mongolia could earn MNT1.8 billion within the 3-4 years. “Collected tax money will ensure comfortable environment for 733 residents of ger district in Ulaanbaatar” said MP’s.

MP’s planning to built apartments in ger district land and also built lines for water supply and elecricity. As shows survey 70 percent of air pollution caused by ger district smoke while burning a coal.

The draft law says special coal tax will be 2 or 3 percent per ton.

SOURCE : NEWS.MN

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