This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Double Taxation Relief Manual

Mongolia: Tax spared

The agreement provides for credit to be given for tax `spared’ (see INTM161270 & 161280) in Mongolia under the provisions of Mongolian law expressly set out in Article 24(4). Relief from UK tax under this provision is available only where the profits, income or chargeable gains in respect of which Mongolian tax is spared arise or accrue within a period of ten years from 4 December 1996.

All amounts of tax spared for which credit relief is given should be reported to HMRC, Business International, Tax Treaty Team, as mentioned in INTM161290.