Belarus govt wants tax burden more evenly distributed between economic agents – EconMin
<p> MINSK, Nov 12 - PrimePress. The state intends to distribute the tax burden more evenly among all participants in the economic process. Belarus Economy Minister Alexander Chervyakov stated this in a commentary following President Lukashenko’s meeting with senior officials of the government on 11 Nov, the Economy Ministry’s press-service informed. </p> <p> </p> <p> The economy minister explained the importance of the matter by referring to the fight against the COVID-19 pandemic as an example. In his words, the Belarusian government has spent $2 billion in budget appropriations on fighting the pandemic over the course of two years. “It is a huge sum, this is why the contribution of everyone – self-employed businessmen and workers employed by an ordinary enterprise – should be commensurate. These peculiarities are rather fine and we have to review them once again,” Chervyakov said. “The tax burden will not be increased but it should be more evenly distributed among participants of the economic process.” </p> <p> </p> <p> As previously reported, President of Belarus Alexander Lukashenko once again set the task to increase the involvement of small businesses in the financing of public spending. He stated that at a meeting with senior officials of the government on 11 November. The government has developed certain approaches, and a draft decree “On the operation of small business enterprises” has been forwarded to the head of state for approval. Following the meeting the draft was sent back for further elaboration. </p> <p> </p> <p> Chervyakov said: “Enabling competitive conditions for everyone involved in business and fair payment of taxes are the main principles. The government and key ministries will once again review the draft decree. There are issues with the income tax, the payment of fees to the social security fund, and so on. Social commitments need to be honoured.” </p> <p> </p> <p> In his words, the draft decree primarily concerns micro-organisations, individual entrepreneurs and the self-employed. “This is a fairly large layer of society: almost 17% of the employed in the country, almost 760,000 people. Its impact on the economy is significant,” Chervyakov said. End </p> <p> </p>
2021-11-13
Primepress
Belarus govt wants tax burden more evenly distributed between economic agents – EconMin
MINSK, Nov 12 - PrimePress. The state intends to distribute the tax burden more evenly among all participants in the economic process. Belarus Economy Minister Alexander Chervyakov stated this in a commentary following President Lukashenko’s meeting with senior officials of the government on 11 Nov, the Economy Ministry’s press-service informed.
The economy minister explained the importance of the matter by referring to the fight against the COVID-19 pandemic as an example. In his words, the Belarusian government has spent $2 billion in budget appropriations on fighting the pandemic over the course of two years. “It is a huge sum, this is why the contribution of everyone – self-employed businessmen and workers employed by an ordinary enterprise – should be commensurate. These peculiarities are rather fine and we have to review them once again,” Chervyakov said. “The tax burden will not be increased but it should be more evenly distributed among participants of the economic process.”
As previously reported, President of Belarus Alexander Lukashenko once again set the task to increase the involvement of small businesses in the financing of public spending. He stated that at a meeting with senior officials of the government on 11 November. The government has developed certain approaches, and a draft decree “On the operation of small business enterprises” has been forwarded to the head of state for approval. Following the meeting the draft was sent back for further elaboration.
Chervyakov said: “Enabling competitive conditions for everyone involved in business and fair payment of taxes are the main principles. The government and key ministries will once again review the draft decree. There are issues with the income tax, the payment of fees to the social security fund, and so on. Social commitments need to be honoured.”
In his words, the draft decree primarily concerns micro-organisations, individual entrepreneurs and the self-employed. “This is a fairly large layer of society: almost 17% of the employed in the country, almost 760,000 people. Its impact on the economy is significant,” Chervyakov said. End