RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of July 19, 2002 No. 973

About approval of the Regulations on procedure for compensation to Second National TV Channel private company of the amounts of the income taxes and on value added, paid from the means which arrived from advertizing and business activity

In pursuance of the Presidential decree of the Republic of Belarus of April 5, 2002 "About compensation to Second National TV Channel private company of the amounts of the income taxes and on value added" the Council of Ministers of the Republic of Belarus decides No. 193:

1. Approve the enclosed Regulations on procedure for compensation to Second National TV Channel private company of the amounts of the income taxes and on value added, paid from the means which arrived from advertizing and business activity.

2. Control of target use of the compensated amounts of the income taxes and on value added, paid from the means which arrived from advertizing and business activity to assign to the Ministry of information.

Approved by the Resolution of Council of Ministers of the Republic of Belarus of July 19, 2002 No. 973

Regulations on procedure for compensation to Second National TV Channel private company of the amounts of the income taxes and on value added, paid from the means which arrived from advertizing and business activity

1. The regulations on procedure for compensation to Second National TV Channel private company (further - Second National TV Channel Ltd) the amounts of the income taxes and on value added, paid from the means which arrived from advertizing and business activity are developed for the purpose of realization of Item 1 of the Presidential decree of the Republic of Belarus of April 5, 2002 No. 193 "About compensation to Second National TV Channel private company of the amounts of the income taxes and on value added" (The national register of legal acts of the Republic of Belarus, 2002, No. 43, 1/3615).

2. Second National TV Channel Ltd pays in full the estimated tax amounts on profit and the value added tax.

3. Control of correctness of calculation of tax amounts on profit and the value added tax from the means which arrived from advertizing and business activity and subjects to compensation is performed by inspectorate of the Ministry of Taxes and Tax Collection for place of registration of Second National TV Channel Ltd as the taxpayer.

4. Second National TV Channel Ltd performs separate accounting of the means received from advertizing and business activity, and also paid from these means of the income tax and the value added tax.

5. Inspection of the Ministry of Taxes and Tax Collection in 5-day time from the moment of the tax discharge on value added and the income tax makes compensation (return) of the specified amounts of taxes. Transfer of recoverable amounts of taxes is made into the account of Second National TV Channel Ltd and is reflected in financial accounting in account 96 "Target financing and receipts".

6. The amounts of the compensated income tax and the value added tax are enlisted by Second National TV Channel Ltd in fund of development and used on creation and development of own production base (modernization and upgrade of production capacities, acquisition of the special equipment, etc.).

7. Second National TV Channel Ltd the reporting on compensated tax amounts on profit and the value added tax, and also about expenditure of the specified means in the form approved by the Ministry of information provides to the Ministry information.

8. The amounts of the compensated income tax and the value added tax used not for purpose are collected in the republican budget according to the legislation.

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