Tax authorities
Ministry of Finance
Belarus 220010, Minsk, ul Sovetskaya, 7
Tel: +375 17 222-61-37
Fax: +375 17 222-45-93
Email: minfin@minfin.gov.by
Website: www.minfin.gov.by
Tax rates at a glance
(As of September 2011)
| Corporate Profits |
24% |
| Capital Gains |
24% |
Withholding |
|
| Dividends |
12% |
| Interest |
10% |
| Royalties |
15% |
| Freight and Transportation |
6% |
| Capital Gains |
12% |
| Other Income |
15% |
Net Operating Losses (Years) |
|
| Carryback |
0 |
| Carryforward |
0 |
- The corporate tax rate is the standard profits tax rate. Certain activities are subject to special tax rates and tax incentives are available...
- Withholding tax applies to income derived from sources in Belarus by foreign legal entities that do not carry out business activities in Belarus through a permanent establishment. Withholding tax rates may be reduced or eliminated under applicable double tax treaties.
- This withholding tax on interest applies to income derived from debt obligations, such as borrowings or loans, that are not formalised by securities.
- The country's tax code specifies the types of income subject to withholding tax.
Source: Ernst & Young