The Belarusian Ministry for Taxes and Levies has issued guidance clarifying the tax treatment of expenses of a non-residents permanent establishment (PE) in Belarus.
According to the guidance, any expenses a nonresident's PE incurs in Belarus or abroad in connection with its business activities in Belarus are deductible from the PE's taxable income for corporate tax purposes. Deductible expenses for the calculation of taxable income of the PE may also include travel expenses of any personnel…