Another traditional annual event in the field of taxation, finance and law “Legal seminar” was held on March 21, 2019 at the hotel “Crowne Plaza Minsk” with the information support of the AHK – Representation of the German Economy in Belarus.
The event was attended by more than 130 people – representatives of leading foreign companies operating in Belarus.
SCHNEIDER GROUP in cooperation with other big players in the market of professional services (EY, Deloitte, Grant Thornton etc.) was partner of the event.
In the first “tax” part the certified Tax Adviser and Head of Tax Department of SCHNEIDER GROUP Minsk office, Sergey Odintsov considered practical cases related to the problems of administration and payment of withholding tax (WHT) in specific situations. In particular, the issues of application of the concept of the beneficial owner of income from the point of view of the national tax rules of the Republic of Belarus, the cooperation of IT companies with E-platforms in the software selling process for export, taxation of royalties and the application of the provisions of the Double Taxation Treaties were discussed. At the end of the report, tax risks were identified and practical recommendations to reduce such risks were provided.
During the networking section after the plenary part of the event all interested attendees received comprehensive answers to their questions.