author_orbitax
Orbitax

Share This Article

New tax incentives for companies and individual entrepreneurs introduced

25 July 2012

|

Approved Changes

|

Belarus

Presidential Decree No. 6, published on 7 May 2012, introduced a number of tax incentives for companies and individual entrepreneurs operating in rural areas and small and medium-sized municipalities. The Decree will enter into force on 1 July 2012. Under the new incentives, exemptions from the following will be available for these entities: -   corporate and individual income tax from sales of self-produced goods and services; -   other taxes (excluding VAT, excise duties, stamp and offshore duty, state fees, customs duties and fees, stamp and patent duties, land tax, environmental tax, withholding taxes); -   fees for licenses;...