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Repository Services Not Subject to Belarus Withholding Tax

|Approved Changes|Belarus
Belarus

On 23 September 2014, Belarus published a letter from the Ministry of Taxes and Duties concerning fees paid by resident companies for repository services provided in Belarus by non-resident companies. According to the letter, fees paid for the following repository services are not subject to withholding tax:

  • Registration of master agreements,
  • Registration of derivatives agreements,
  • Altering and amending data of registered agreements, and
  • Providing extracts of registered agreements

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