Belarus Tax Ministry Clarifies Corporate Income Tax Amendments for Nonresident Entities Without Permanent Establishments

The Belarusian Ministry of Taxes and Duties Dec. 31, 2025, clarified corporate income tax amendments in 2026 regarding nonresident entities operating in Belarus without a permanent establishment (PE). The clarification includes: 1) the types of income excluded from taxation for nonresident entities; 2) corporate income tax applies to the actual value of shares withdrawn from the capital of Belarusian businesses by nonresident entities; 3) nonresident entities must include the costs of immovable property, including insurance expenses and loan interest, when calculating income tax for the use of immovable property or provisions of the right to use immovable property only if ...