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Belarus Issues Guidance on Taxation of Profits from Financial Leases

|Approved Changes|Belarus
Belarus

The Belarus Ministry of Taxes and Duties has published Letter No. 2-2-10/00906 of 20 April 2021 concerning the taxation of profits under financial lease contracts from 2021. The letter addresses changes in the Tax Code with effect from 1 January 2021 that excluded a provision setting the date of recognition of income from transactions that involve the transfer of property under a financial lea…

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