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Belarus Reverts Tax Rate Increase for High Technologies Park — Orbitax Tax News & Alerts

According to recent reports, Belarus has reverted the recent tax rate increase for companies established and operating in the High Technologies Park (HTP). Previously increased from 1% to 2% on gross revenue of HTP companies from the first quarter of 2022, the rate has been reduced back to 1% from the second quarter. This was reportedly informed to HTP residents by the HTP administration in a letter dated 1 August 2022.