On 6 May 2015, the Belarusian Chamber of Representatives approved the law ratifying the protocol to the 2001 income and property tax treaty with Austria. The protocol, signed 24 November 2014, is the first to amend the treaty. It updates the competent authority for Belarus and replaces Article 26 (Exchange of Information), bringing it in line with the OECD standard for information exchange. The protocol will enter into force on the first day of the third month following the exchange of the ratification instruments, and will apply for tax periods beginning on or after 1 January of the year following...