Belarus Approves Tax Treaty with Ecuador

On 4 May 2016, the budget and finance committee of the Belarusian parliament approved for ratification the pending income and capital tax treaty with Ecuador. The treaty, signed 27 January 2016, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Belarusian tax on income, tax on profits, income tax on individuals, and property tax. It covers Ecuador income tax and property tax.

Service PE

The treaty includes the provision that a permanent establishment wi…