The Taxation Section of the Administration of the city’s Bayanzurkh district and a training and research center have co-organized in relation with the year of “Promoting Business” a training for small and middle production businessmen who have been registered recently as new VAT payers.

Hosted by the Institute of Finance and Economics (IFE), the training brought together 42 eager tax-payers. They received lessons about the law on VAT, ways of and rules of realizing the law, typing, saving and sending reports and lading bills through the E-reporting system, downloading programs and documents. The gathered appreciated the training for its helpfulness in combining theory and practice in business-like atmosphere, and asked various questions about laws on taxes. Upon the completion of the training, the participants were granted textbooks about VAT and received recommendations.