The Belarus Ministry of Taxes and Duties has published Letter No. 2-2-10/01952 of 29 August 2019, which provides guidance on the tax treatment of reserves for doubtful debts under new rules effective from 1 January 2019. Under the new rules, taxpayers may create reserves for doubtful debts in relation to receivables that arose in connection with the sale of goods (works, services), property rights, and intangible assets. Such reserves are deductible for corporate tax purposes as a non-operating expense, subject to certain conditions. This includes that the deductibility of such reserves depends on the degree to which the debt is...