Tax Plans

The taxpayer — that's someone who works for the federal government but doesn't have to take the civil service examination

Ronald Reagan

Planned amendments to the Tax Code as of January 1, 2026:

1. Increased personal income tax rates on incomes (labor and civil law contracts, rental, dividends, and others by list) from sources in Belarus:

• 25% (on income over 350 000 BYN);
• 30% (on income over 600 000 BYN) 

2. Tax on income of foreign organizations - taxable income includes income received upon exit (exclusion) from a Belarusian company.
3. Tax benefits in the form of tax exemptions for the audit period cannot be applied if such benefits were not previously reflected in tax declarations.
4. If the "beneficiary" taxpayer's profit, which was exempt from tax, is increased, the tax on the increased amount will be charged without benefits.
5. No corporate income tax declaration is submitted if the tax base remains unchanged.
6. Investment deduction is not applied if not reflected in corporate income tax declarations before the start of the audit.
7. Transfer prices - for interest on perpetual loans in Belarusian rubles:

• for loans provided, the minimum value will be the refinancing rate reduced by 50%,
• for loans received, the maximum value will be the refinancing rate increased by 20%.

8. The order of offsetting overpaid taxes has changed: unpaid tax, other tax, unified property payment, penalty, confiscation, fines on tax administrative cases. Penalties from the first two stages are moved lower.
9. Tax rates set in fixed amounts will be adjusted (“indexed”) for inflation.
10. New basis for suspension of account operations: absence of the company its registered ("legal") address.