On April 6, the Head of State issued Decree No. 105 "On Taxation and Collection of Land Lease Fees," which introduces amendments and additions to certain legislative acts concerning entrepreneurial activity and taxation, aiming to align them with the latest changes in the Tax Code. The relevant document was published today on the National Legal Internet Portal, according to BELTA.
On April 6, the Head of State issued Decree No. 105 "On Taxation and Collection of Land Lease Fees," which introduces amendments and additions to certain legislative acts concerning entrepreneurial activity and taxation, aiming to align them with the latest changes in the Tax Code. The relevant document was published today on the National Legal Internet Portal, according to BELTA.
The adjustments specifically affected Decrees of March 25, 2016, No. 111 and July 14, 2016, No. 268, as well as Decree of November 11, 2015, No. 7, by excluding provisions on value-added tax for passenger transportation services, telecommunications, operations of the Asset Management Agency, and income tax on interest earned from bank deposits. These norms have been incorporated into the new version of the Tax Code, which came into force on January 1, 2017.
Furthermore, amendments have been made to Decrees of October 4, 1999, No. 577, June 2, 2006, No. 371, and July 28, 2014, No. 380, by excluding profit tax benefits that were abolished by the Tax Code as of January 1, 2017, as part of the benefits optimization efforts.
Decree of March 1, 2010, No. 101 has also been adjusted to clarify the procedure for determining land lease fees in Belarusian rubles for state-owned land plots, depending on the period of their cadastral valuation. Additionally, it establishes lease fee rates analogous to land tax rates.