Belarus has published Presidential Decree No. 42 of 2 February 2024 in the Official Gazette, which provides tax incentives for legal entities and individual entrepreneurs deriving profits from the sale of goods, works, and services in rural areas and small towns. This includes a 50% reduction in the profit tax rate under paragraph 1 of Article 184 of the Tax Code on qualifying profits. As per the recently amended paragraph 1, the standard rate is 20% or 25% if the total tax base for the year exceeds BYN 25 million, meaning the incentive rate is 10% or 12.5%. The same...