of March 28, 2023 No. 80
About single questions of the taxation
For the purpose of ensuring further development of the Park of high technologies I decide:
1. Determine that till January 1, 2025 are not recognized the taxation objects:
the value added tax and the income tax (the income tax from physical persons) - turnovers, profit (income) of residents of the Park of high technologies on activities for mining *, to creation, acquisition, alienation of digital signs (tokens) (further - tokens). At the same time revenue and costs (expenses) from such activities and transactions are not considered for the purposes of calculation and the tax discharge on profit (the income tax from physical persons), and the tax amounts on value added shown in case of acquisition (paid when importing) of goods (works, services), the property rights connected with implementation of such activities and transactions are not deductible;
the income tax from physical persons - the income of physical persons from activities for mining, acquisitions (including according to the procedure of donation), alienations of tokens for Belarusian rubles, foreign currency, electronic money and (or) by exchange for other tokens. At the same time expenses of physical persons - individual entrepreneurs from such activities and transactions are not considered in case of the taxation of income gained from implementation of business activity;
the value added tax - turnovers on alienation of tokens, including the foreign organizations which are not performing activities in the Republic of Belarus through permanent mission and not consisting with respect thereto on accounting in tax authorities of the Republic of Belarus. At the same time the tax amounts on value added shown in case of acquisition (paid when importing) are not deductible goods (works, services), property rights connected with implementation of activities and (or) transactions on acquisition (creation) and (or) alienation of tokens;
the income tax - profit on alienation of tokens by their exchange for other tokens. At the same time revenue and costs (expenses) on such transactions are not considered for the purposes of calculation and the tax discharge on profit.
* For the purposes of this Decree terms are used in the values determined by legal acts in the sphere of development of digital economy.
2. To public institution "Administration of the Park of high technologies" together with interested till July 1, 2024 to develop the concept of development of the sphere of tokens, including the tax matters of transactions (activities) with their use.
3. To Council of Ministers of the Republic of Belarus to take measures for implementation of this Decree.
4. This Decree becomes effective after its official publication and extends the action to the relations which arose since January 1, 2023.
President of the Republic of Belarus
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