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Belarus increased VAT from 18% to 22%, affects Moldovan exports

June 02, 2009
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From 1 June, Belarus increased VAT from 18% to 22%, which could affect the situation of Moldovan companies exporting to this country.

Belarus is the forth in the range of countries where Moldovan exports production.

In exchange, Belarus cancelled a series of taxes and diminished the income tax from 24% to 20%.

The goal of these tax reforms is ‘the fight with the import and the support of its own exporters’.
 

Deca-press