The Belarusian government announced on 29 April 2017 that the pending protocol to the 2004 income tax treaty with Pakistan has been approved by parliament. The protocol, signed 5 October 2016, is the first to amend the treaty and includes the following changes:
- Amends Article 2 (Taxes Covered) with respect to Belarusian taxes;
- Replaces Article 8 (Shipping and Air Transport) including expanded provisions;
- Amends Article 10 (Dividends) to increase the withholding tax rate from 10% to 11%; and …