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Belarus Clarifies Reduced Individual Tax Rate for High-Tech Park — Orbitax Tax News & Alerts

The Belarusian Taxes and Levies Ministry has issued a guidance letter on the reduced individual income tax rate in relation to the Belarusian high-technology park. According to the letter, individual entrepreneurs registered as residents of the high-tech park and individuals employed by residents of the park are eligible for a reduced income tax rate of 9% (standard rate 13%). The reduced rate, however, does not apply for individuals providing security and other maintenance services.