Mongolia has 26 tax agreements in force, as reported in its response to the Peer Review questionnaire. None of those agreements comply with the minimum standard.
Mongolia signed the MLI in October 2022, listing its non-compliant agreements. The agreements modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect
Mongolia is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1