PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of December 31, 2014 No. 655

About payment procedure of part of profit (income)

1. Determine that:

1.1. excluded

1.2. in 2015-2018 over the minimum obligatory part of profit (income) paid according to the Presidential decree of the Republic of Belarus of December 28, 2005 to No. 637 "About procedure for calculation to the budget of part of profit of the state unitary enterprises, the national associations which are the commercial organizations and also the income from the shares (share in authorized funds) of economic societies which are in republican and utility property and about formation of the state trust budget fund of national development" (The national register of legal acts of the Republic of Belarus, 2006, No. 4, 1/7075), is estimated and listed the part of profit (income) received in the corresponding year in the republican budget, the relevant budgets of primary, basic and regional levels:

having profitability level for the accounting period more than 30 percent republican and the municipal unitary enterprises, national associations which are the commercial organizations which property is on the right of economic maintaining, and also economic societies concerning which the Republic of Belarus and (or) administrative and territorial unit, having shares (shares in authorized funds) or other, in a way which is not contradicting the legislation, can determine the decisions made by these economic societies, except as specified, established by legal acts, from the shares (share in authorized funds) which are in republican and utility property in proportion to shares of the Republic of Belarus and administrative and territorial units in their authorized funds – in the amount of 30 percent.

Profitability level in the organizations specified in the paragraph the second to part one of this subitem performing production, goods, performance of works, rendering services is determined as the relation of the profit got from sales of products, goods, works, services to cost amount of goods sold, goods, works, services, management expenses and expenses on realization since the beginning of accounting year.

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