The Information Channel Felist.Com -*-------------------------------------------------------------------------- Brief description of the most interesting legal acts which have been included into the National Register of Legal Acts of the Republic of Belarus within the last week. The section Belarus Legal News along with other sections of the NCLI's site has been moved to the National Legal Internet Portal of the Republic of Belarus. Now you can find our legal news and other legal information at http://law.by/ . ----------------------------------------------------------------------- Legal News - 26.04.2006 Special tax on importation of ozone-depleting substances is established in Belarus. On April 19, 2006 President of the Republic of Belarus signed the Edict No 261 On establishing the state tax on importation of ozone-depleting substances on the territory of the Republic of Belarus. The Edict has introduced a special tax to be paid before importing such substances to Belarus. The permission to import is issued by Ministry of Natural Resources and Environmental Protection of the Republic of Belarus. All the importers should pay this tax in the amount of 0,6 base unit established on the day of importation to Belarus. Passenger vehicles, cargo vehicles having ozone-depleting substances in their construction which cant be separated are free from this tax on entering or transit on territory Republic of Belarus. Belarusian President approved the External state loans Regulations. The President of the Republic of Belarus by the Edict of April 18, 2006 approved the Regulations which introduce the order of attraction, use and repayment of external state loans (credits) which form the external state debt. It also defines subjects and purposes of such loans. The Regulations introduces strict control over the effective use of the loans. Produced and imported plastic packaging is free from tax The Decree of the President of the Republic of Belarus of April 18 No 247 introduced amendments to the Decree of the President of the Republic of Belarus of June 15, 2005 No 275 On rates of nature resources usage tax (ecological tax) and conditions of full or partial tax exemption for contamination of air, water and environmental surroundings, manufacturing waste. By new amendments producers and importers are exempt from tax if they collect and recycle 20 percent of plastic packaging .produced by them. Income of banks with foreign investments is exempt from income and profit tax for three years On March 17, 2006 the Council of Ministers of the Republic of Belarus by its Decision No 40 brought in changes and additions to the Instruction On peculiarities of calculating and payment of income and profit tax for commercial organizations with foreign investments. Income of the banks with foreign investments is exempt from income and profit tax for three years after the day the income has been officially declared. To obtain such a preference a bank should have more than 30 percent of foreign investments on January 1, 2005. The Instruction also reduces tax base of insurance companies to the sum of the received income for three years after the income has been officially declared. It concerns the income received from services of the insurance companies in Belarus with 30 percent of foreign investments. ----------------------------------------------------------------------- (c) National Center of Legal Information of the Republic of Belarus WWW: http://www.law.by -*-------------------------------------------------------------------------- Unsubscribe: http://felist.com/member/unsub?grp=regional.bel.belaruslegal&email=e@mail http://felist.com/ mailto:ask@felist.com