Belarus 18% VAT 2020
- May 21, 2017 | Richard Asquith
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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Researching Belarusian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.