As published on: tvr.by, Thursday 15 June, 2023.
At a meeting of the ninth session of the House of Representatives of the seventh convocation, the deputies adopted a bill "On Termination of the Agreement between the Government of the Republic of Belarus and the Government of Ukraine on Avoidance of Double Taxation and Prevention of Tax Evasion with Respect to Income and Property Taxes," BelTA informs.
The bill was submitted to the House of Representatives by the Council of Ministers.
The Republic of Belarus has received notification from Ukraine via diplomatic channels on Ukraine's decision to terminate the agreement as of 20 December 2022 due to a "fundamental change of circumstances. Such actions violate the denunciation procedure by sending the initiator of the agreement termination to the other party through diplomatic channels six months before the end of the calendar year and make it impossible for the Belarusian side to apply it.
Under the circumstances, the Belarusian side is forced to consider the agreement terminated on the basis of Article 60 of the Vienna Convention. It is proposed to terminate the agreement for Belarus on January 1, 2023.
The adoption of the law will guarantee parity in tax relations and eliminate unjustified unilateral losses due to the provision of benefits to Ukrainian residents in accordance with the agreement.
According to the Belarusian Foreign Ministry, termination of the agreement will not cause additional unfavorable legal consequences in relations between Belarus and Ukraine due to earlier unlawful denunciations by Ukraine.