On 21 May 2024, Belarusian President Alexander Lukashenko signed the law for the ratification of the pending income and capital tax treaty with Equatorial Guinea. The treaty, signed 9 December 2023, is the first of its kind between the two countries. Taxes Covered The treaty covers Belarussian tax on income, tax on profits, income tax on individuals, and tax on immovable property (real estate tax). It covers Equatorial Guinea corporate income tax, tax on movable and immovable property, payroll tax, and property tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an...