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:
In addition to the above, foreign companies are also allowed to use reports prepared by foreign tax auditors or consultants in order to substantiate expenses incurred abroad in relation to the Belarus PEs, which must be submitted by the corporate tax return deadline. If the expenses are not substantiated by such reports, they will be non-deductible.
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