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Belarus Implements New 25% Tax Rate for Foreign Organizations with Permanent Establishments

  • Belarus introduces new 25% tax rate for foreign organizations with permanent establishments
  • Letter No. 4-2-21/00850 released on March 20, 2024, will go into effect in 2024
  • Guidance provided on scope of permanent establishments, registration requirements, tax filings, income tax, VAT return obligations, audit processes, and more
  • Changes in tax rate include standard 20% rate and additional 25% rate for annual tax base exceeding BYN 25 million
  • Letter No. 4-2-21/00850 replaces Letter No. 4-2-21/00759 issued on March 10, 2023

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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