According to recent reports, Mongolia's parliament approved the extension of tax relief measures on 28 August 2020 in response to the COVID-19 pandemic. This includes an extension to 31 December 2020 of the corporate income tax exemption for companies with taxable income below MNT 1.5 billion in the previous tax year. The exemption was previously provided from 1 April to 1 October 2020, excludi…