25 February, Minsk /BELTA/. Declarations of income received in 2010 must be submitted to the tax authorities no later than March 1, 2011, the Ministry of Taxes and Duties of Belarus informed BELTA. This obligation applies to individuals – tax residents of the Republic of Belarus who have received taxable income. This includes, in particular, income from other individuals, including from the sale of a second apartment, a second garage, a second land plot within 5 years; from the sale of a truck, bus, or a second car within a calendar year; sale of shares to another individual; as well as income received as a gift exceeding Br17.5 million (500 basic units) per year. Furthermore, a declaration must be filed if individuals have received income abroad and/or from outside the Republic of Belarus; income exceeding the limits established by the Tax Code that is not subject to taxation; income in the form of a refund of contributions, including those indexed in the manner prescribed by law, upon termination of construction of apartments and/or individual residential buildings, as well as upon withdrawal from developer organizations before the completion of construction – in case of applying the property tax deduction related to the construction and/or acquisition of housing in respect of such contributions. This also applies to income in the form of a refund of insurance premiums upon termination of voluntary life and additional pension insurance contracts concluded for a period of five years or more before the expiry of the five-year period – in case of applying the social tax deduction related to the conclusion of the specified insurance contracts in respect of such contributions. Citizens who have received other income, for which the withholding of tax is not assigned to tax agents, must also submit a declaration. In addition, individuals who are entitled to tax deductions (social, property, professional) and for whom the obligation to provide such deductions to individuals is assigned to the tax authorities have the right to submit a declaration of income received in 2010.