Belarus plans to limit scope of business activities for self-employed businessmen, change taxation
<p> MINSK, Jul 22 - PrimePress. Belarus plans to limit the types of business activities that can be practised by individual entrepreneurs (IEs) and change their taxation. This follows fr om a statement released by President Lukashenko’s press service following the meeting of President Alexander Lukashenko with the leadership of the government on 22 July. </p> <p> </p> <p> The agenda for the meeting included the government's proposals to regulate the basic forms of entrepreneurial activity - individual entrepreneurs and self-employed businessmen. </p> <p> </p> <p> Lukashenko emphasized that he had repeatedly urged to sort things out in this field. First of all, in his words, it is necessary to clearly define who are individual entrepreneurs, what they will do, what taxes they will pay. Lukashenko said: “We will soon have 12 million individual entrepreneurs! Our entire population is smaller! We have created a huge offshore company wh ere people do not pay anything but are treated by the law as individual entrepreneurs - from journalists (a great number of examples) to officials.” </p> <p> </p> <p> In addition, Lukashenko recalled his demand to come to grips with envelope salaries (salaries paid unofficially). “The system should work in such a way as to make envelop salaries impossible. I know that you are actively working on it, but I want business people, entrepreneurs to hear me: there’ll be hell to pay, so you should not take offense. Tax evasion and shadow turnover in trade and services are unacceptable,” said Lukashenko. </p> <p> </p> <p> Lukashenko believes that this topic should be approached with utmost responsibility, all the risks must be analyzed, including risks for employment, budget revenues and regional development. “If the legislation has to be overhauled, we need to outline the stages of this process,” Lukashenko said. End </p>
2021-07-23
Primepress
Belarus plans to limit scope of business activities for self-employed businessmen, change taxation
MINSK, Jul 22 - PrimePress. Belarus plans to limit the types of business activities that can be practised by individual entrepreneurs (IEs) and change their taxation. This follows fr om a statement released by President Lukashenko’s press service following the meeting of President Alexander Lukashenko with the leadership of the government on 22 July.
The agenda for the meeting included the government's proposals to regulate the basic forms of entrepreneurial activity - individual entrepreneurs and self-employed businessmen.
Lukashenko emphasized that he had repeatedly urged to sort things out in this field. First of all, in his words, it is necessary to clearly define who are individual entrepreneurs, what they will do, what taxes they will pay. Lukashenko said: “We will soon have 12 million individual entrepreneurs! Our entire population is smaller! We have created a huge offshore company wh ere people do not pay anything but are treated by the law as individual entrepreneurs - from journalists (a great number of examples) to officials.”
In addition, Lukashenko recalled his demand to come to grips with envelope salaries (salaries paid unofficially). “The system should work in such a way as to make envelop salaries impossible. I know that you are actively working on it, but I want business people, entrepreneurs to hear me: there’ll be hell to pay, so you should not take offense. Tax evasion and shadow turnover in trade and services are unacceptable,” said Lukashenko.
Lukashenko believes that this topic should be approached with utmost responsibility, all the risks must be analyzed, including risks for employment, budget revenues and regional development. “If the legislation has to be overhauled, we need to outline the stages of this process,” Lukashenko said. End