By 2023, it is planned to change approaches to taxation of entrepreneurs in Belarus
Belarusian entrepreneurs met with a representative of the Ministry of Finance, they were promised changes in taxation by 2023. Photo: CTB.
A round table was held in Minsk. According to STV, the matter concerns the proposed reform of the taxation system.
The working conditions of Belarusian entrepreneurs will not change until 2023, the TV channel reports. And by 2023, the approach to taxation is planned to change.
Here’s what’s going to be different. The SME categories are expected to be clearly ranked. The amount of tax deductions should be commensurate with the income received, and tax regimes should become simple, understandable, and not require large administrative costs. At the meeting, he said that the main goal of the changes that will make to the taxation system is to stimulate economic activity.
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