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

1. Gratuitous transfer of objects to budgetary organizations of health care, education, culture, physical education and sports is excluded from VAT tax objects (subparagraph 2.5.5 of paragraph 2 of Article 115 of the Tax Code).

2. The definition of the taxation base for VAT under contracts in which the amount of obligations expressed in Belarusian rubles is equivalent to the amount in foreign currency at the official rate of the Belarusian ruble against foreign currency established by the National Bank of the Republic of Belarus has not changed since 2018. The regulatory requirements of paragraph 10 of the Decree of the President of the Republic of Belarus dated January 25, 2018 No. 29 'On taxation' were transferred to the Tax Code (paragraphs 7, 8 of Article 120 of the Tax Code).

3. From 01.01.2019, the taxation base for the sale of objects by non-registered foreign organizations in the territory of the Republic of Belarus increases by the amount received in excess of the sale price (fines, penalties, forfeits, etc.) (Article 120 of the Tax Code).

4. The moment of actual market when selling in retail and catering, as well as when transferring property rights, is similar to determining revenue for the purpose of calculating profit tax.

Namely, when selling goods at retail prices in retail and (or) catering network, the date of revenue recognizing is determined in accordance with paragraph 3 of Article 121 of the Tax Code, according to which when selling goods at retail prices in retail and (or) catering networks, using cash equipment carried out during a shift starting on one calendar day and ending on another calendar day, the date of shipment of goods sold on another calendar day is the opening date of this shift recognized in the daily (shift) report (Z-report) generated by such cash register.

5. When an object of lease is leased, the day of lease is the last day of each month, to which the rent for such lease falls in, but not earlier than the date of the actual lease of the leased object to the lessee.

In the event that the specific period to which the rent relates, exceeds one calendar month and (or) the contract does not establish a specific period to which the rental relates, the moment the object is leased shall be recognized:

• the last day of each month during the lease term established by the agreement;
• the day of completion of the lease term falling on the last month of the lease term established by the contract (if the lease term does not end on the last day of the last month of the lease term) (paragraph 10 of Article 121 of the Tax Code).