Tax code of Belarus

1. 1
Tax Code of Belarus
— 2019
Alexander Korsak
Managing Partner
Arzinger Attorneys-at-law
Minsk, 05.12.2018

2. 2
Limitation of
fines
Limitation of fines upon a tax
check
Amount of fine shall not
exceed the sum of additional
tax, fee or duty

3. 3
Providing a term for
repayment of debts
to the budget
Depending on reliability of a
business entity, tax
authorities can provide a
term for repayment of
identified debts to the state
They will not block accounts
of the debt within this period

4. 4
Change of
approaches to
the profit
taxation
1.5 times increase in
allowable investment
deductions
Reduction in profit tax rate
regarding dividends in case of
its non-distribution within a
certain period

5. 5
Procedure of
appealing
decisions of tax
authorities
Independent choice of a tax
body for appealing
(tax inspections of different
levels or directly to the
Ministry of Taxes and Duties)

6. 6
Changes of taxation
of foreign companies
Extending the period of
performance of works
(provision of services) to 180
days for emergence of a
permanent establishment of a
foreign organization
Extending a tax period of a
withholding tax up to a
calendar quarter

7. 7
New principle of
work with
natural persons
Individuals (citizens) will be
able to refer to any tax office,
regardless of the location of
their registration

8. 8
Cancellation of
increased
property tax and
land tax rates
Cancellation of increased tax
rates for an inappropriate use
or late return of a land plot
and inefficiently used building
Cancellation of increased
property tax rates regarding
real estate objects with
overdue construction terms

9. 9
Dedollarization
USD
Calculation of a land tax
based on a cadastral value in
Belarusian rubles (BYN)
Stating mineral extraction tax
rates in Belarusian rubles

10. 10
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