Mongolia joins as the 135th member of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Mongolia joins as the 135th member of the
Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The
Convention creates an opportunity for its members to exchange information for
tax purposes with over 130 countries, and the participating countries commit to
the international standards of safeguarding the confidentiality of the
information exchanged. Tax havens, offshore regions, and foreign banks are
required to share their information with the participating countries under the
Convention.
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