Good news about tax exemption in Belarus

Good news about tax exemption in Belarus

The new Decree of the President of the Republic of Belarus №304 dated August 9, 2019 states that the goods (property, including monetary funds), works and services that are received as a co-financing in CBC Programmes are not recognized as objects of taxation. The Decree will come into force in 2 months. The procedure for tax exemption will be set out in 2 months. You can find the text of the Decree HERE.

Please be informed that JTS does not give any comments or consultations regarding the abovementioned Decree.


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