– insurance; – advertising (except for income paid to foreign organizations associated with the participation of Belarusian organizations and Belarusian entrepreneurs in trade fairs in foreign countries); – installation, commissioning, testing, maintenance, measurement, testing lines, machinery, equipment, devices, appliances, buildings and intangible assets in the territory of Belarus (except for income derived from training, consultation and/or services in installation, commissioning, testing, measuring and testing lines, machinery, equipment, appliances, fixtures and facilities, which are indispensable for the foreign trade contract for their purchase of the property (on temporary use)); – maintenance and protection of goods; 13. income from real estate situated in the territory of Belarus, handed into trust management; 14. income from providing access to the information complex, its services (modes) and database except income from providing access to the information complex, its services (modes) and database of the automated interbank settlement system, international payment systems, international telecommunications and information transfer systems/or making payments. The tax base of profit tax is defined as total income, for certain types of income are allowed to deduct the documented costs. The rates of profit tax are from 6 % to 15 %. Tax period of profit tax is a calendar month, which accounts for the date of the obligation to pay profit tax. The tax declaration (calculation) of profit tax is submitted by legal entity of Belarus, foreign organization or individual entrepreneur, accrued and/or pay income of a foreign organization which does not operate in Belarus through the permanent representative office, to tax bodies at the place of registration of these legal entities, foreign organizations, or individual businessmen not later than 20th of the month following the tax period. Profit tax is to be paid not later than 22nd of the month following the tax period. 5. Real estate tax. The object of taxation for organizations are buildings or other real estate. Taxable amount of real estate tax is defined by organization on the basis of building and other real estate, existing to the 1st January of calendar year based on residuary value and value of buildings and other real estate of above norm unaccomplished construction. As a general rule, annual tax rate of real estate tax for organizations is 1 %. Local authorities may establish raising factors to the rate of tax. Tax period of real estate tax is one calendar year. Real estate tax is to be paid by organizations not later than 22 nd of the first month of each quarter in the amount of one fourth of real estate tax annual amount. 6. Ecological tax is levied on entities that exploit natural resources and entities which pollute the environment. The law stipulates a number of rates for the ecological tax. Depending on the particular subject of taxation there are fixed rates for emissions of pollutants into the air and wastewater discharges, storage and disposal of industrial wastes, import of ozonedestroying substances to the territory of Belarus, including those contained in the products. Tax period of ecological tax, except the ecological tax for import of ozone-destroying substances to the territory of Belarus, is one calendar quarter. Tax payers submit each quarter tax declaration (calculation) to tax bodies not later than 20th of month, following expired tax period.
Doing Business in Belarus 2011
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