PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of January 20, 2017 No. 19

About change of the Presidential decree of the Republic of Belarus

1. Bring in subitem 1.2 of Item 1 of the Presidential decree of the Republic of Belarus of December 31, 2014 No. 655 "About tax payment procedure for production (withdrawal) of natural resources, part of profit (income), introduction of collection for oil export" (The national legal Internet portal of the Republic of Belarus, 07.01. 2015, 1/15547; 19:12. 2015, 1/16143) following changes:

1.1. word part one in paragraph one "2015 and 2016 over" shall be replaced with words "2015-2018 over";

shall be replaced with words the words "respectively in 2015 and 2016" "in the corresponding year";

1.2. the second to state part in the following edition:

"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.".

2. This Decree becomes effective after its official publication and extends the action to the relations which arose since January 1, 2017.

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