On 3 November 2014, Belarus adopted amendments to the country's High Tech Park incentives regime expanding the scope of eligible business activities. The areas of activity added include: Micro, optical and nano-electronics Data transmission Radio location, navigation and communications Information security Creation of data processing centers Benefits of the incentive regime include: Exemption from income tax, VAT, and real estate tax Technical equipment imported by park residents is exempt from customs duties and VAT Withholding tax on payments by park residents to foreign entities without operations or a permanent establishment in Belarus is reduced to 5% for dividends, interest and...