The Belarusian Ministry of Taxes and Duties has published a series of overviews on tax rules and changes for 2019. For corporate income tax, the main changes include:
- The investment deduction for buildings and structures is increased from 10% to 15% and the investment deduction for machinery, equipment, and vehicles is increased from 20% to 30%;
- The standard tax rate on dividends is maintained at 12%, but a reduced rate of 6% applies where the distributing company has reinvested profits wit…