Tax is withheld at the rate of 12% on capital gains realized by non-residents from the sale of shares in Belarusian companies. Effective 1 January 2021 until 31 December 2024, a reduced tax rate of 6% applies for 3 years starting from the first calendar year in which the gains are derived, for capital gains derived from the alienation of equity interests in the charter capital of Belarusian investment funds and bonds of such funds.

The following capital gains derived by a resident of one Contracting State may be taxed by the other State:

• Gains from the alienation of immovable property situated in the other State;
• Gains from the alienation of shares or comparable interests deriving more than 50% of their value directly or indirectly from immovable property situated in the other State (exemption for shares substantially and regularly traded on a stock exchange); and
• Gains from the alienation of movable property forming part of the business property of a permanent establishment in the other State.

Gains from the alienation of other property by a resident of a Contracting State may only be taxed by that State.

Tax is withheld at the rate of 15% (increased from 12% effective 1 January 2023) from gross dividends distributed to non-residents. A 5% withholding tax applies if the payer is a Belarusian resident in the High Technology Park.

Tax is withheld at the rate of 10% from gross interest paid to non-residents. A 5% withholding tax applies if the payer is a Belarusian resident in the High Technology Park. Effective 1 January 2021 until 31 December 2024, a reduced rate of 6% applies for 3 years starting from the first calendar year in which the income was received, for income from debt obligations derived from investment funds in Belarus.

Tax is withheld at the rate of 15% from gross royalties paid to non-residents. A 5% withholding tax applies if the payer is a Belarusian resident in the High Technology Park.

Tax is withheld at the rate of 15% from gross royalties paid to non-residents. A 5% withholding tax applies if the payer is a Belarusian resident in the High Technology Park.

Tax is withheld at the rate of 15% from gross royalties paid to non-residents. A 5% withholding tax applies if the payer is a Belarusian resident in the High Technology Park.

The rate shown is based on physical sales which typically do not attract a withholding tax. Note, however, that more and more countries apply various types of taxes to "digital transactions" and similar. Belarus specifically provides for a withholding of digital services tax at the rate of 15% and VAT at the standard rate of 20% on supplies provided through a digital marketplace in Belarus. For details of such taxes in Belarus, see Sec. 8.2.2. and Sec. 11.2. in Belarus Analysis chapter.

Tax is withheld at the rate of 15% on payments made by a Belarus resident for management services performed outside of Belarus by a non-resident without a Belarus permanent establishment.

Tax is withheld at the rate of 15% on payments made by a Belarus resident for technical services performed outside of Belarus by a non-resident without a Belarus permanent establishment.