The Belarus Ministry of Taxes and Duties has published Letter No. 2-2-10/01250 of 4 June 2021 concerning the carryforward of losses incurred by residents of Free Economic Zones (FEZs) in 2019 to 2021. Under the general loss carryforward rules, losses may be carried forward up to 10 years.

The letter notes that as per clause 2 of Article 183 of the Tax Code, as amended in 2019, the amount of l…