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Belarus Clarifies Taxation of Foreign Gratuitous Assistance

|Approved Changes|Belarus
Belarus

The Belarus Ministry of Taxes and Levies has published Letter No. 2-2-10/01528 of 22 August 2017 concerning the taxation of foreign gratuitous assistance. The letter clarifies that under general rules, that the cost of any goods, works, services, property rights, or other assets received by a taxpayer without charge is to be included in the taxpayer's tax base as non-operating income on the da…

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