A general cost deduction restriction has been introduced for Belarus corporate tax purposes. The general restriction provides that costs for the production of goods, works, and services will not be deductible unless economically justified as determined on the basis of accounting documents, with possible tax accounting adjustments or other adjustments in accordance with the tax code. In particular, the new rules specify that costs will not be considered economically justified if any one of the following conditions is met: The goods were not shipped, the works were not performed, the services were not rendered, or the property rights were not...