Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of July 6, 2006 No. 77

About approval of the Instruction about procedure for calculation and transfer in the republican budget insurance companies of the part of profit received from carrying out obligatory civil liability insurance of owners of vehicles

(as amended on 20-06-2014)

In pursuance of the Presidential decree of the Republic of Belarus of June 9, 2006 "About modification and amendments in the Presidential decree of the Republic of Belarus of December 28, 2005 No. 637" the Ministry of Finance of the Republic of Belarus DECIDES: No. 378

1. Approve the enclosed Instruction about procedure for calculation and transfer in the republican budget by insurance companies of the part of profit received from carrying out obligatory civil liability insurance of owners of vehicles.

2. This resolution becomes effective from the date of official publication.

 

Minister

N.P.Korbut

Approved by the Resolution of the Ministry of Finance of the Republic of Belarus of July 6, 2006 No. 77

The instruction about procedure for calculation and transfer in the republican budget insurance companies of the part of profit received from carrying out obligatory civil liability insurance of owners of vehicles

1. This Instruction determines procedure for calculation and transfer by insurance companies of the part of profit received from carrying out obligatory civil liability insurance of owners of vehicles in the republican budget.

2. The profit got by insurance companies from carrying out obligatory civil liability insurance of owners of vehicles is determined as the difference between the income and expenses on this type of insurance reduced by the amount of the taxes falling on this type of insurance, charges (duties), other obligatory payments in the budget, assignments of part of profit of the state unitary enterprises, the income from the shares (share in authorized funds) of the economic societies made from profit according to legal acts which are in republican and municipal property.

3. The income is understood as the amount of insurance premiums under the agreements of obligatory civil liability insurance of owners of vehicles signed in the accounting period.

4. The amount of taxes, other obligatory payments (charges) in republican and local budgets, assignments of part of profit of the state unitary enterprises, the income from the shares (share in authorized funds) of the economic societies performed according to the legislation, falling on this type of insurance which are in republican and municipal property is determined by specific weight of the amount of the profit calculated as difference between the income and expenses for this type of insurance, in the total amount of taxable profit.

5. Transfer in the republican budget insurance companies:

10 percent of the profit got from carrying out obligatory civil liability insurance of owners of vehicles under agreements of internal insurance, agreements of all-inclusive internal insurance and the insurance contracts "Green card" and 30 percent of the profit got from carrying out obligatory civil liability insurance of owners of vehicles under agreements of boundary insurance, calculated according to Item 2 of this Instruction are made by the accruing result since the beginning of year upon termination of each reporting quarter no later than the 22nd following the expired accounting period.

6. Transfer in the republican budget of part of profit from carrying out obligatory civil liability insurance of owners of vehicles in the established sizes is performed in the place of statement on tax accounting of insurance company into the accounts on accounting of means of the republican budget open for head departments of the Ministry of Finance of the Republic of Belarus on areas and Minsk for transfer of payments which control over payment is exercised by tax authorities, with indication of in the payment order of payment code according to the budget classification approved by the resolution of the Ministry of Finance of the Republic of Belarus of December 31, 2008 No. 208 "About budget classification of the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2009, No. 45, 8/20467).

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.