RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 8, 2023 No. 106

About excises on oil

Based on articles 6 and 9 of the Law of the Republic of Belarus of December 30, 2022 No. 230-Z "About change of the laws on the tax matters", paragraph two of part two of subitem 1.8 of Item 1 of Article 148, of paragraphs of the third and fourth the Council of Ministers of the Republic of Belarus DECIDES: parts two of Item 3 of article 155 of the Tax Code of the Republic of Belarus

1. Determine that:

1.1. for the purposes of determination of settlement amount of oil for each of payers the scope baseline of oil in month in total on all payers is accepted equal 1 500 000 tons;

1.2. for the purposes of determination of rate of excises on oil:

the specific coefficient characterizing basket of the oil products produced by the payer is accepted by equal 0,53;

the coefficient of compensation is accepted by equal 0,5;

1.3. in financial accounting:

the amounts of excises on oil estimated for the expired month (further - the estimated excise), belong on value addition of the oil received (credited) this month proceeding from the average official rate of the Belarusian ruble in relation to US dollar for the corresponding month calculated as average arithmetic size;

the amounts of the tax deductions on excises on oil (further - the tax deductions) determined for the expired month belong on reduction of cost of the oil received (credited) this month proceeding from the average official rate of the Belarusian ruble in relation to US dollar for the corresponding month calculated as average arithmetic size;

adjustment of the amounts of the estimated excises and tax deductions for the expired month on difference amount, the part two of Item 3 of article 155 of the Tax Code of the Republic of Belarus and paragraphs two and third this subitem which arose in connection with application of currency rates according to provisions of paragraphs of the seventh and eighth, belongs on the cost of the oil received (credited) in the month following expired;

in case of loss by the payer of the right to the tax deduction in the previous tax periods for which the payer applies such deduction adjustment of the amount of the estimated excises and tax deductions belongs on the cost of the oil received (credited) that month in which information on the periods of loss of the right to the tax deduction was sent to the payer according to part two of Item 5 of article 159-2 of the Tax Code of the Republic of Belarus;

1.4. in tax accounting oil joins in costs on production and sales of goods (works, services), property rights at the cost reflected in the financial accounting according to the procedure established in subitem 1.3 of this Item.

2. This resolution becomes effective after its official publication and extends the action to the relations which arose since January 1, 2023.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info