Belarus has introduced a number of changes regarding tax administration for permanent establishments (PEs) with effect from 1 January 2021. Some of the main changes concern foreign companies operating through multiple PEs in Belarus, including:
- Foreign companies can only register a PE if it opens a bank account at a Belarusian bank and submits a copy of a bank statement as proof along with other registration documents to the tax authority;
- Foreign companies can choose the specific tax author…