Renewed Tax Code to assist voluntary payments to budget

14.09.2018

The renewed Tax Code is aimed at assisting with the voluntary payments to the state budget. Its main goal is to make sure that the payments are made not because of fines, but due to timely notifications from the tax authorities. There’s already such tendency: the voluntary payments are increasing. Tax inspections result in only about 15% additional revenues. The new tax document will redefine proportional punishment, which was discussed during the meeting of representatives of the Supreme Court of Belarus and Tax and Duties Ministry.

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