On consideration of the draft resolution of the Ministry of Taxes and Duties "On amending the resolution of the Ministry of Taxes and Dues of the Republic of Belarus of January 3, 2019 No. 2"

28.01.2020

The Association of European Businesses, as member of the Advisory Council under the Ministry of Taxes and Duties of the Republic of Belarus, sent to the Ministry their comments and suggestions on the draft resolution of the Ministry of Taxes "On Amending the Decree of the Ministry of Taxes and Dues of the Republic of Belarus of January 3, 2019 No. 2":

Comments and suggestions:

1. In note “4” to the Tax Declaration on Personal Income Tax of an individual entrepreneur, we do consider it inappropriate to indicate the specific amount in numbers so as not to amend the resolution on an ongoing basis. We recommend considering the possibility of linking this note to the size of the base value;

2. In line 4 of Section III “Other Information” to the Tax Declaration on tax under the simplified taxation system, we consider it inappropriate to provide information on the average number of employees on a quarterly basis. The transition from the annual provision of information to the quarterly will significantly increase the labor costs for preparing reports of business entities, which, according to the law, are entitled to not keep accounting records and, accordingly, not to use the services of an accountant.

AEB also drew the attention of the Ministry to the difficulty of perceiving the information proposed for approval by the members of the Advisory Council. The Association proposes in the future to indicate the wording of the amended items in full and in comparison with the previous edition of the act.