IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Aug 2009 | Removal date: open ended
Still in force

FDI: Financial incentive

The Government Decree # 356 from 30 June 2009 introduces a FDI attraction policy. Thus, now foreign credential institutions will not pay an income tax on the interest rates received from loans to the Belorussian companies.
While the income tax reduction does benefit foreign firms making loans, this provision also introduces discrimination in the supply of finance (as lending to non-local firms does not appear to benefit from the tax exemption.) 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.