MINSK, 12 November (BelTA) – Belarus President Alexander Lukashenko signed ordinance No. 7 “On depositing money”, BelTA learned from the press service of the Belarusian leader.
The full text of the ordinance is available on the official Internet portal of the Belarusian President www.president.gov.by.
Interest rates on short-term deposits to be taxed as from April 2016
The income tax will be imposed only on the interest rates and not on the whole sum of the deposit.
Belarus introduces irrevocable bank deposits
In line with Ordinance No.7 starting from 12 November time and conditional deposit accounts will be divided into irrevocable and revocable deposits.
