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Republic

15 February 2019

Belarusian government looks into proposals to simplify tax system

A session of the working group in charge of putting forward proposals on simplifying the national taxation system has taken place, BelTA learned from the website of Belarus' Council of Ministers.

The session was chaired by First Deputy Prime Minister of Belarus Alexander Turchin. Representatives of interested government agencies and business unions discussed and approved the most pressing tax policy issues, focusing on which in 2019 is most advisable. The topics to be looked into include systematization and optimization of tax preferences, the removal of multiplying coefficients from property taxes, and the removal of restrictions from VAT rebates.

The advisory board for tax policy under the Belarusian Finance Ministry will be the main venue for looking into these issues and other ones. Decisions and approaches the advisory board will come up with as well as issues without a consensus will be discussed by the working group on simplifying the national taxation system under the Council of Ministers in order to make the final decisions.

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