In Belarus, income tax rates will not be lowered yet, and VAT will be increased

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In Belarus, the rates of income tax, profit tax and VAT will not be revised in the coming years. This was announced today during a direct phone line by FINANCE.TUT.BY Deputy Minister of Finance Dmitry Kiyko.

Photo: Dmitry Brushko, TUT.BY "border =" 0 "data-x-height =" 800 "data-x-src =" https://img.tyt.by/n/brushko/0b/3 /dengi_17032017_tutby_brush_phsl--7980.jpg "data-x-width =" 1200 "data-y-height =" 480 "data-y-src =" https://img.tyt.by/720x720s/n/brushko/0b /3/dengi_17032017_tutby_brush_phsl--7980.jpg "data-y-width =" 720 "zoom-data =" 1 "height =" 480 "hspace =" 0 "src =" https://img.tyt.by/720x720s /n/brushko/0b/3/dengi_17032017_tutby_brush_phsl--7980.jpg "title =" Photo: Dmitry Brushko, TUT.BY "vspace =" 0 "width =" 720 "/> <figcaption> The picture is illustrative. Photo: Dmitry Brushko, TUT.BY </figcaption></figure> <p> – We have a moratorium on changes in tax legislation, so there is no increase in tax rates, except for the indexation on inflation parameters (including environmental tax, excise, etc.) There will be no decree <strong> Dmitry Kiyko </strong>. </p> <p> According to him, it is not expected to revise tax rates either this year or next year. </p> <p> – There are no plans for 2020, and for 2021 years is not planned. We are guided that there will be no changes to the triennial plan, "said the representative of the agency. – The company expects a reduction in the tax burden, they will see a decline But to balance the budget, the Ministry of Finance, as a fiscal body in part, would be more interested in raising tax rates.Therefore, balance is always hard to come by. But now the question of a possible increase in tax rates and, somewhere, a reduction is not worth it. </p> <p> Dmitry Kyyko personally adhered to the option "the role of taxes indirect – VAT and excise duties – should be reduced "</p> <p> Previously, it was reported that the Ministry of Finance does not rule out a medium-term reduction in tax rates on the Income and Profit Tax </p> </div> <p><script type= (function () {var _fbq = window._fbq || (window._f bq = []); (! _fbq.loaded) {var fbds = document.createElement (& # 39; script & # 39;); fbds.async = true; fbds.src = "http://connect.facebook.net/en_US/fbds.js"; var s = document.getElementsByTagName ('script') [0]; s.parentNode.insertBef ore (fbds, s); _fbq.loaded = true;}; _fbq.push (['addPixelId','644378592349624']);}) (); window._fbq = window._fbq || []; window._fbq.push (['track','PixelInitialized',{}]); [ad_2]
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