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Belarus 18% VAT 2020

  • May 21, 2017 | Richard Asquith

Belarus 18% VAT 2020

Belarus plans to lower its standard VAT rate from 20% to 18% from the start of 2020.

The reduction will be subject to Russia’s plans to raise its VAT rate to 22% to cut labour taxes, which would amount to a competitive devaluation by Russia.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.