The work on simplification of business environment continues in Belarus. The President has initiated large-scale systemic changes. Being at the final stage of revision, a new draft of the Tax Code is to be presented in September. It will become more transparent for citizens and businesses and is meant to simplify the procedure of collecting taxes, and improve the procedure of calculating them. According to experts, all this will stimulate the development of small enterprises, the strengthening of large business, and the growth of business initiative.