27 May 2020

Assistance in action: Vitebsk Oblast halved the single tax rates for entrepreneurs and self-employed

Vitebsk Oblast, the first in the country, halved the single tax rate for individual entrepreneurs and self-employed citizens. Small business can count on such support in the second and third quarters of this year. Not the easiest for the budget, but a very necessary decision was made at a session of Vitebsk Oblast Council of Deputies.

Vitebsk Oblast, the first in the country, halved the single tax rate for individual entrepreneurs and self-employed citizens. Small business can count on such support in the second and third quarters of this year. Not the easiest for the budget, but a very necessary decision was made at a session of Vitebsk Oblast Council of Deputies.

Local authorities are given the right to apply reduction factors to the amount of taxes on land and real estate.