The Belarusian Ministry of Finance has recently submitted draft amendments legislation to the Council of Ministers. The main amendments concern transfer pricing documentation requirements and an extension of the free economic zones profits tax exemption. Transfer Pricing Documentation The proposed transfer pricing documentation requirements include the obligation for taxpayers to submit an annual transfer pricing report along with their tax return for any transactions with non-resident and related parties exceeding BYR 1 billion (~USD 60,000) in a year. In addition, certain transfer pricing documentation must be submitted within 15 days of a request by the tax authorities, including: Details of...