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Belarus Provides Short-Term Tax Exemption for Bonds

06 July 2015

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Approved Changes

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Belarus

On 29 June 2015, the Belarusian president signed Edict No. 279, providing a short-term corporate income tax and withholding tax exemption on income derived from transactions with bonds issued by legal entities resident in Belarus. The exemption applies from 1 July 2015 to 31 December 2015.