- Clarified nonrecognition of VAT on certain gratuitous transfers to state ownership.
- Updated VAT rules for medical services based on inclusion of material costs in tariffs.
- Defined VAT treatment for goods in customs warehouses and sales to EAEU businesses.
- Cancelled VAT exemptions for short-term residential leases, factoring, insurance brokerage, and scientific research property rights.
- Updated VAT exemptions and rules for cultural services, real estate registration, precious metals, municipal works, vehicle sales/leasing, freight transport, VAT rates, and electronic invoices.
Source: news.bloombergtax.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.
Latest Posts in "Belarus"
- Belarus Extends Corporate Tax Deductions and VAT Exemptions for Electric Vehicles to 2028
- Belarus Extends and Expands Tax Incentives for Electric Vehicles Until 2028
- The EU Parliament is Set to Increase Tariffs on Imports from Russia and Belarus
- Belarus Revises Tax Rules for Foreign Permanent Establishments, Requires Restructuring by May 2025
- Belarus Issues Tax Guidance for Nonresident Entities with Permanent Establishments on VAT Compliance
