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Belarus Proposes Measures to Promote Business and Reduce Unnecessary Requirements

23 May 2017

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Proposed Changes

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Belarus

The Belarus government has published draft measures meant to promote the development of businesses and reduce unnecessary requirements in relation to business setup, operation, and taxation. With regard to taxation, measures proposed include setting a moratorium on new taxes or tax increases until 2020, introducing a five-year statute of limitations for tax audits and a five-year statute of limitations for the collection of underpaid tax, as well as other changes to reduce the number of audits performed. The proposals also includes measures for the introduction of a regulated tax consultant profession, which can act as a mediator between businesses and...