The tax system of Belarus constantly improves as well as the tax administering. The tax burden on the economy gradually decreases. Everything is focused on stimulating business development in the country. The thing is that the economy of the state depends on how business feels.
Let us take a look at the taxes charged in the Republic of Belarus (in 2015).
Income tax: 18%; if the simplified taxation system is applied: 5% of the revenue (the revenue limit amounts to 9.3 billion BYR);
Property tax: 1%;
Income tax: 13% (unified);
Pension fund contribution: 1%;
Social Protection Fund contributions (charged from gross salary): 35%;
Land tax: differentiated (depends on the size of the land plot and its purpose of use).