Lukashenko: Govt doesn’t intend to raise taxes
<p> MINSK, Oct 29 - PrimePress. The authorities do not set a goal of increasing taxes. President of Belarus Alexander Lukashenko made a statement to this effect during a visit to Dobrush Paper Factory “Hero of Labour” branch of the Belarusian Wallpaper Group (Gomel Oblast) on 29 October, as the president’s press service reported. </p> <p> </p> <p> Lukashenko explained why taxation regulations need to be adjusted as a whole. In his words, representatives of the private sector complained in the past that Belarusian tax regulations were complicated. </p> <p> </p> <p> “And I instructed the government to review these matters and make simple tax regulations. They will not be totally simple. But things should be simplified where it is possible. It is yet unclear whether the tax will be implemented. These matters have not been submitted for my consideration. We don’t intend to raise taxes. They are high as it is. We don’t have oil and natural gas. Because the taxable base and taxes are decent. We always wonder how to reduce them. This is why I don’t think the taxes will be large if any are implemented. But the possibility is under consideration.” Lukashenko said. </p> <p> </p> <p> In his words, the taxation of real estate was discussed among other things. “Belarusians living in rural areas pay the land tax, the real estate tax, and the rest. But urban Belarusians stand aside for some reason. This matter was discussed, too. I don’t know the tax rates but they won’t generate much,” said Lukashenko. </p> <p> </p> <p> Lukashenko gave another reason why taxation regulations are being revised. “We are not even talking about justice. We have $2 billion in unexpected expenses at the end of the year due to the need to save people. We have free vaccination, free COVID-19 treatment. I don’t want to say that everything is ideal in Belarus but it turns out it is quite good in comparison with other countries. But it costs a lot of money,” said Lukashenko. </p> <p> </p> <p> As previously reported, the Belarusian Finance Ministry has published draft amendments to the Tax Code, some of which would significantly increase taxes for entrepreneurs. The proposed tax novelties have drawn protests from the country’s business community. In addition, there are plans to introduce a property tax on flats in apartment buildings. End </p>
2021-10-30
Primepress
Lukashenko: Govt doesn’t intend to raise taxes
MINSK, Oct 29 - PrimePress. The authorities do not set a goal of increasing taxes. President of Belarus Alexander Lukashenko made a statement to this effect during a visit to Dobrush Paper Factory “Hero of Labour” branch of the Belarusian Wallpaper Group (Gomel Oblast) on 29 October, as the president’s press service reported.
Lukashenko explained why taxation regulations need to be adjusted as a whole. In his words, representatives of the private sector complained in the past that Belarusian tax regulations were complicated.
“And I instructed the government to review these matters and make simple tax regulations. They will not be totally simple. But things should be simplified where it is possible. It is yet unclear whether the tax will be implemented. These matters have not been submitted for my consideration. We don’t intend to raise taxes. They are high as it is. We don’t have oil and natural gas. Because the taxable base and taxes are decent. We always wonder how to reduce them. This is why I don’t think the taxes will be large if any are implemented. But the possibility is under consideration.” Lukashenko said.
In his words, the taxation of real estate was discussed among other things. “Belarusians living in rural areas pay the land tax, the real estate tax, and the rest. But urban Belarusians stand aside for some reason. This matter was discussed, too. I don’t know the tax rates but they won’t generate much,” said Lukashenko.
Lukashenko gave another reason why taxation regulations are being revised. “We are not even talking about justice. We have $2 billion in unexpected expenses at the end of the year due to the need to save people. We have free vaccination, free COVID-19 treatment. I don’t want to say that everything is ideal in Belarus but it turns out it is quite good in comparison with other countries. But it costs a lot of money,” said Lukashenko.
As previously reported, the Belarusian Finance Ministry has published draft amendments to the Tax Code, some of which would significantly increase taxes for entrepreneurs. The proposed tax novelties have drawn protests from the country’s business community. In addition, there are plans to introduce a property tax on flats in apartment buildings. End