Belarus Tax Ministry Posts Updated Tax Recommendations for Foreign Organizations Operating Through Permanent Establishments

The Belarusian Ministry of Taxes and Duties April 14 posted online Letter No. 4-2-21/01064, updated tax recommendations for foreign organizations operating within Belarus through a permanent establishment (PE). Topics covered include: 1) tax obligations, including registration, recordkeeping, and annual individual filing by March 31; 2) clarification of the PE concept; 3) required income tax and VAT filing, even absent taxable items; 4) the standard 20 percent VAT rate, reduced 10 percent and 0 percent VAT rates, mandatory electronic VAT invoicing, and the VAT filing and payment deadline of 20th of the month after the monthly or quarterly reporting period; 5) ...