VEDAudit intelligent company

Information about VEDAudit Company development in Belarus and the CIS countries

The 2019 Tax Code of the Republic of Belarus defines in more detail the procedure for applying transfer pricing. The procedure for applying transfer pricing is provided for in Chapter 11 of the Code

Affiliated companies

Interdependent entities are regarded to be the individual ones and (or) organization, the relationship between which has direct influence on conditions or economic results

Capitalization

Clause 131-1. Characteristics of interest charge on bonds and certain types of expenses (costs) to expenses (costs) that are taken into consideration during taxation process

Costs during taxation process

Based on law project "About amendments to the Tax Code of the Republic of Belarus" in 2016 are provided amendments in 131 clause "Expenses that are not provided

Major amendments and revisions when calculating VAT in 2019

The procedure for value added tax calculation (hereinafter - VAT) is determined by Chapter 14 of the Tax Code of the Republic of Belarus...

Inventory accounting

We draw VEDAudit " Ltd. clients, that according to the Council of Ministers act ruling on 16.03.2015 №195 introduced significant amendments to the Truck freight activity regulations.

Return of goods by the client

7 of clause 127 of the Tax Code of Belarus is specified as a new version in order to secure the regulatory order of proceeds amendments

Real estate tax and land tax

The main amendments and revisions in the calculation of real estate tax and land tax in 2019

Income tax

The procedure for calculating income tax is determined by Chapter 16 of the Tax Code of the Republic of Belarus (hereinafter - the Tax Code)

Electronic invoice

According to the law project "On Amendments to the Tax Code of the Republic of Belarus" in 2016 is provided introduction for VAT payers for electronic invoices. Extract from the law project is attached.