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Update - Spanish Council of Ministers Approves Pending Tax Treaty with Belarus

05 June 2020

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Treaty Development

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Spain-Belarus

On 2 June 2020, the Spanish Council of Ministers approved for ratification the pending income and capital tax treaty with Belarus. The treaty was signed on 14 June 2017 and, once in force and effective, will replace the 1985 tax treaty between Spain and the former Soviet Union as it applies in respect of Belarus and Spain. 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 Spanish income tax on individuals, corporation tax, income tax on non-residents, capital tax, and local taxes on...