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Belarus Clarifies Suspension of Tax Treaties and Increased Dividends Tax Rate for Unfriendly Countries

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The Belarus Ministry of Taxes and Duties has issued guidance on the application of Council Resolution No. 164 of 7 March 2024. As previously reported, the resolution:

  • Introduced an increased tax rate of 25% on dividends and similar income of foreign companies not operating through a permanent establishment in Belarus if located in an "unfriendly" country, which applies from 1 April 2024 to 3…

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