1.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 taken into account during taxation process”.  

According to these changes some amendments are planned such as:

1. Provided regulation about the fact that they don’t take into account under taxation remuneration based on annual performance results, supplemented by the "annual bonuses” words.

2. From the article they exclude paragraph "payment of additional leave for irregular working hours, long work experience for the same company, prize holidays, which may be provided based on a Collective Labour Agreement by the employer". 

3. “Expenses of leisure activity organization or recreation during carrying out the advertising campaign, as well as during meetings, conferences, seminars," subparagraph is specified as the following edition:

«food, recreation, leisure expenditure, as well as during carrying out the advertising campaign, conferences, seminars, meetings, coaching and other similar activities."     

This standard is not applied in case if these costs:  

• referred to as representation allowance;  
• cover the provision with special food of certain categories of individual entities in cases stipulated by legislation; 
• included in the cost of activities specified in the first part of this subparagraph, and paid by their parties.

4. The list of the costs that are not taken into consideration under taxation, is complemented:
• payment of additional leaves for irregular working hours, long work experience for the same company, prize holidays;
• one-time recovery grant  (financial aid, allowance); 
• remuneration for supervisory board members;  
• the sum of exchange rate difference determined in accordance with prescribed by the legislation manner, arising when evaluating at the official exchange rate the Belarusian ruble, the Republic established by the National Bank of Belarus in relation to the relative foreign currency, denominated in foreign currency of obligations value arising through making expenditure, that under this clause are not taken into consideration when calculating the tax base on profit tax.

2. Since 2015, January 1, they have excluded 2.1 subparagraph of 2 clause of 130 article of the Tax Code of Belarus, according to which the expenditure made before the start of the company business activity, for the development of new industries, production units and assemblies (starting expenses) are reflected in the manner prescribed by the company accounting policy, but not earlier than on the date of implementation accordingly company business activity, production units operation, manufactories and assemblies.

This decision was made in order to bring together tax counting and bookkeeping henceforth.