Belarus To Introduce Extra Taxes For Foreign Companies With Belarusian Roots

New Belarusian tax code can recognize foreign companies as Belarusian and oblige them to pay taxes on their global incomes to the country’s budget. The changes are expected to come into force on 1 January 2019. Big changes are coming. How does the place of registration affect tax payments to the country’s budget? Tax legislation in Belarus divides organizations into Belarusian and foreign – at the place of its tax registration. Read also: Lukashenko signs crucial decree to boost private business in Belarus Belarusian companies pay taxes on their global incomes (domestic and foreign) to the country’s budget. Meanwhile, foreign companies pay taxes … Continue reading Belarus To Introduce Extra Taxes For Foreign Companies With Belarusian Roots