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Belarusian ministry of taxes and duties considers tax deferments for companies

This was announced today to journalists in parliament by the Minister for Taxes and Duties Sergei Nalyvaiko. Although it was not mentioned, the assumption is this move is due to the possible hit small businesses are expected to suffer due to the COVID-19 epidemic.

MHC is considering the possibility of tax holidays. “Such an order was given by the Prime Minister. Together with those interested, primarily the Ministry of Finance, and line ministries, it will be considered and a decision will be made,” Sergei Nalyvaiko informed.

He clarified that we are talking about the submission of deferral of payment of taxes. "There is no detailing yet. All these issues are being worked out. I think a decision should be made before the end of the month," the minister believes.


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