The Belarus Ministry of Taxes and Duties has published guidance on the tax incentives for the implementation of investment projects in Belarus considering amendments to the Law on Investments that entered into force on 11 July 2024. The main type of investment project is one carried out in accordance with an investment agreement concluded with the Belarus government. Such agreements are designed for the implementation of large-scale investment projects in Belarus and provide the following tax benefits: The right to deduct in full the input VAT paid on the acquisition or import to Belarus of goods, works, services, and property...