The Belarus Ministry of Taxes and Duties has published a series of commentaries on tax changes for 2021. This includes, among others, commentaries on the calculation and payment of profit (corporate) tax, individual income tax, and VAT. Corporate Tax Key points regarding the calculation and payment of profit (corporate) tax include the following: With regard to deductible expenses: a new criterion is introduced for recognizing expenses as economically unjustified - the property is not leased (financial lease) and continues to be used by the lessor; the restriction on the deductibility of expenses incurred to purchase foreign currency to the amount...