Global Trade Alert
Global Trade Alert

Belarus: Reduced tax rate from 30% to 20% on exchange rate operations by individuals

Announcement

29 Dec 2014

In December 2014, the government of Belarus announced a rule change for commercial cross-border financial flows.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Dec 2014

Revocation date:

No revocation date

Updated: 29 Dec 2014
Controls on commercial transactions and investment instruments In force

According to an official press release of 29 December 2014 of theNational Bank of Belarus, as of 30 December 2014 the temporary tax rate on foreign exchange purchases by "physical and judicial...

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