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Corporate income tax changes – 2011

|Approved Changes|Belarus
Belarus

The Law N 174-Z of 15 October 2010 introduced a number of changes into Chapter 14 "Corporate Income Tax" of the Tax Code. The changes will become effective as of 1 January 2011.

The major changes are:

…
-   the conditions for the exemption of profits reinvested in fixed assets and housing are simplified, but such an exemption may not exceed 50% of all profits;
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