Mongolia Proposes Tax Benefits for Prize Money and Incentive Payments to Esports Athletes
A new draft law proposed in Mongolia aims to improve the current taxation situation. It provides for the exemption from taxes of all prize money, bonuses, and similar income received by the national esports team of the country and its registered players. This also applies to funds provided by foreign companies and other entities. Additional details were published on MiddleAsianNews. It is also expected that this tax regime will extend to related federations and organizations.