Country News

From March 1, 2021, a new Code of Administrative Offenses of the Republic of Belarus of 06.01.2021 No. 91-Z, as well as the Procedural and Executive Code of the Republic of Belarus on Administrative Offenses of 06.01.2021 No. 92-Z become effective. Despite the fact that the updated codes introduce the priority of preventive measures, in some cases, administrative responsibility will increase.

The Law of the Republic of Belarus No. 72-Z dd. 29.12.2020 introduced the changes to the Tax Code of Belarus. Major changes have already entered into force in January 2021, some a due from 01.03.2021 and 01.01.2022.

From July 1, 2021, Federal Law No. 371-FZ dated 09.11.2020 will come into force, amending the Tax Code of the Russian Federation to regulate the procedure for the circulation of goods subject to traceability.

In July 2019, Russia introduced a new law mandating the marking of consumer goods. The marking programme is being introduced on a phased basis, and by 2024, a single national marking system will cover all categories of consumer goods.

Starting on 01.01.2021, Russia  applied the Multilateral Convention of 24.11.2016 on the implementation of measures related to tax treaties in order to counter the erosion of the tax base and the withdrawal of profits from taxation (Base Erosion and Profit Shifting – BEPS). Amendments to a number of Double Taxation Treaties will also come into force.