Lukashenko wants small businesses to contribute more to public spending
<p> MINSK, Nov 11 – PrimePress. President of Belarus Alexander Lukashenko has 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 president’s press service said. </p> <p> </p> <p> 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. </p> <p> </p> <p> “It doesn’t mean that we will introduce unbearable taxes on small business and private sector as a whole and it will die completely. No, we don't need that. We need small, medium, and large businesses to grow. We need more and more businessmen in Belarus. We have to set things in a way to allow them to pay taxes they can afford. We don't need excesses but everyone must pay. At least one kopeck,” he said. </p> <p> </p> <p> Lukashenko said: “Small businesses play an essential role in our economy. They create new jobs, accelerate economic growth, including by redistributing manpower from ineffective sectors. Our job is to enable conditions for a seamless transition with minimal economic losses and with a predictable situation in the entrepreneurship environment.” </p> <p> </p> <p> Lukashenko has warned that shady business operations are no longer an option. “As a result, we need to have a clear understanding of further stages of adjustment of taxation of all small business entities. We should look past improvement attempts at primarily interests of our citizens,” said Lukashenko. </p> <p> </p> <p> As previously reported, the Ministry of Finance of Belarus has published draft amendments to the Tax Code, some of which provide for a significant increase in the tax burden on entrepreneurs and have drawn protests from the country’s business community. End </p>
2021-11-12
Primepress
Lukashenko wants small businesses to contribute more to public spending
MINSK, Nov 11 – PrimePress. President of Belarus Alexander Lukashenko has 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 president’s press service said.
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.
“It doesn’t mean that we will introduce unbearable taxes on small business and private sector as a whole and it will die completely. No, we don't need that. We need small, medium, and large businesses to grow. We need more and more businessmen in Belarus. We have to set things in a way to allow them to pay taxes they can afford. We don't need excesses but everyone must pay. At least one kopeck,” he said.
Lukashenko said: “Small businesses play an essential role in our economy. They create new jobs, accelerate economic growth, including by redistributing manpower from ineffective sectors. Our job is to enable conditions for a seamless transition with minimal economic losses and with a predictable situation in the entrepreneurship environment.”
Lukashenko has warned that shady business operations are no longer an option. “As a result, we need to have a clear understanding of further stages of adjustment of taxation of all small business entities. We should look past improvement attempts at primarily interests of our citizens,” said Lukashenko.
As previously reported, the Ministry of Finance of Belarus has published draft amendments to the Tax Code, some of which provide for a significant increase in the tax burden on entrepreneurs and have drawn protests from the country’s business community. End