MONGOLIAN OFFICIALS ARE VISITING AUSTRALIA

Ulaanbaatar /MONTSAME/ Mongolian delegation are paying a working visit to Australia to study its tax system, particularly debt management and mining sphere, on March 24-30. The delegation consists of five MPs--all the members of the Standing committee on state budget, and officials from the Ministry of Finance. On Monday, they held meetings with Standing Committee on Economics of Australian parliament to talk about tax system, then had talks with professors of the Australian National University. On Tuesday, the delegation legged the State Revenue Office of the Department of Finance to share experience in tax allowance and incentive system for small- and medium-sized businesses, to consider matters related to the VAT, mining tax, royalty, rent tax, audit and debt management. The visit is continuing.