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New tax incentives for companies and individual entrepreneurs introduced

|Approved Changes|Belarus
Belarus

Presidential Decree No. 6, published on 7 May 2012, introduced a number of tax incentives for companies and individual entrepreneurs operating in rural areas and small and medium-sized municipalities. The Decree will enter into force on 1 July 2012.

Under the new incentives, exemptions from the following will be available for these entities:

-   corporate and individual income tax from sales of self-produced goods and services;
-   other taxes (excluding VAT, …

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