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Belarus to join Global Forum on Transparency and Exchange of Information for Tax Purposes

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MINSK, 14 October (BelTA) – Belarus is set to join the Global Forum on Transparency and Exchange of Information for Tax Purposes. The decision was formalized in the Council of Ministers’ Resolution No. 590 as of 12 October 2020. The document was officially published on the National Legal Internet Portal on 14 October, BelTA has learned.

In addition, the country joined the Inclusive Framework to implement the Action Plan on Base Erosion and Profit Shifting.

These decisions are meant to facilitate cooperation between Belarus and the Organisation for Economic Co-operation and Development that initiated the projects of the Global Forum and the Inclusive Framework.

Annual membership fees will be paid from the central budget. These fees are part of the expenses earmarked by the Ministry of Taxes and Duties for international activities.

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