A webinar on the topic “Tax recognition of income and expenses of organizations in 2020” was held on 28 October 2020.

The event was hosted by the Taxpayers Association (Republic of Belarus).

The issues of applying the new procedure for accounting for exchange rate differences in accordance with the Decree No. 504 dated 31 December 2019 "On exchange rate differences"; expenses taken into account in taxation; criteria of economically justified costs; application of the investment deduction in 2020, including fixed assets, for which it was decided not to charge depreciation from 01 January 2020; accounting of expenses on controlled debt; costs not included in taxation were considered during the webinar.

Over 15 specialists of enterprises of the Republic of Belarus took part in the webinar.