Belarus Clarifies Suspension of Tax Treaties and Increased Dividends Tax Rate for Unfriendly Countries
The Belarus Ministry of Taxes and Duties has issued guidance on the application of Council Resolution No. 164 of 7 March 2024. As previously reported, the resolution:
- Introduced an increased tax rate of 25% on dividends and similar income of foreign companies not operating through a permanent establishment in Belarus if located in an "unfriendly" country, which applies from 1 April 2024 to 3…