Common use of MCA Clause in Contracts

MCA. Mongolia shall keep Tax exemption records of person(s) performing work in connection with the Program and are obliged to report it to the Mongolian Tax Authority in compliance with the domestic Tax laws and regulations. 2. MCA-Mongolia shall act as a withholding taxpayer in the case of natural persons who are citizens or permanent residents of Mongolia. The withholding Tax collection, settlement, and reporting procedure must comply with the domestic Tax laws and regulations.

MCA. Mongolia shall keep Tax exemption records of person(s) legal entities performing work in connection with the Program Program, and are obliged to report it to the Mongolian Tax Authority in compliance with the domestic Tax laws and regulations. 2. MCA-Mongolia shall act as a withholding taxpayer in the case of natural persons who are citizens or permanent residents of Mongolia. The withholding Tax collection, settlement, and reporting procedure must comply with the domestic Tax laws and regulations.