Tax optimization will help to enhance the effect of Decree Number 7. Such an opinion was expressed by representatives of business associations within the framework of the Belarusian Entrepreneurship Week. It is emphasized that the reduction of the tax burden would be able to attract foreign and domestic investors in the sphere of real estate.
Alexander Kalinin, Chairman of the Belarusian Union of Entrepreneurs:
"It is time to revise 2 articles of the budget code. It is impossible to solve the problems of local budgets only by means of real estate taxes, land tax, it is necessary to revise the distribution."
Decree No. 7 "On the Development of Entrepreneurship" will come into force next week.
