Rus News Journal

In Belarus immigrants in cash five years will not pay taxes

the President of Belarus Alexander Lukashenko Ukazom N143 has released for five years from surtax of physical persons which will move to Belarus on a constant residence and will bring with itself the money.

As have informed Interfax - the West in a press - service of the head of the state, in particular, it there can be incomes of sources outside of Belarus in the form of dividends, percent, a royalty, incomes on operations with securities, from real estate realisation.

the New decree also brings a number of changes in other presidential decrees regulating tax sphere. So, now individual businessmen and physical persons will pay the uniform tax, proceeding from base rates of the uniform tax in the Belarus roubles instead of euro. The application to the decree establishes new rates.

Besides, for additional incomes of local budgets the decree allows to increase to local Councils of deputies to (reduce), but no more than twice, rates of the ground tax and the tax to real estate for some payers.

the Decree   will start to work backdating, since January, 1st, 2010, except rates of the tax for businessmen and some other positions, passes BelTA.