State to take 75% of Belaruskali’s income
The enterprise will start paying four times more to the budget.
Belaruskali will have to pay 55% of its income and the minimal required 20% to the budget in 2015.
The decision can be found in part 1 of decree #655 ‘On taxes imposed on the extraction of natural resources and the tax on oil export’. The document came into power on January 1, 2015.
By the way, the decree will also affect other profit-making enterprises. For example, enterprises with more than 30% of profit will have to pay an additional 30% of their income to the budget in 2015. In particular, it affects republican and communal unitary interposenterpriseses as well as state associations considered to be commercial organizations.
Photo: soligorsk.me
