The Belarus Ministry of Taxes and Duties recently published guidance on the various tax changes for 2025. Some of the main changes include the following:
- It is established (clarified) that a branch of a foreign organization constitutes a permanent establishment, which is consistent with the permanent establishment provisions of international tax treaties;
- New limitations on the investment deduction are introduced where the assets' depreciation begins on or after 1 January 2025, including:
- t…