Mongolia's Parliament reportedly approved tax reform legislation in March 2019 that contains amendments to the country's transfer pricing regime, including the introduction of the three-tiered documentation requirements developed as part of BEPS Action 13. This includes Master file and Local file documentation requirements, which must be prepared by companies with related party transactions, unless annual turnover is below MNT 6 billion (~USD 2.5 million), as well as Country-by-Country (CbC) …