New Rules for Conducting Tax Inspections and other Legislative Updates as of February 18, 2026

New rules for conducting tax inspections from February 15, 2026

From February 15, 2026, the procedure for conducting inspections by tax authorities is regulated by Decree of the Ministry of Taxation of the Republic of Belarus No.1 dated January 9, 2026 “On the methods of conducting inspections by tax authorities and establishing document forms,” (further – Decree). Since this date, departmental decree No.24 dated April 30, 2019, “On the methods of conducting inspections by tax authorities and establishing document forms,” has ceased to be effective.

In accordance with the Decree, the choice of inspection methods is within the competence of tax authorities and is conducted considering the nature of the activities of the inspected entity and the subject of the audit.

Inspections employ documentary, actual, continuous, and sampling methods, settlement methods, and time-based observation. Multiple methods may be used simultaneously.

Inspections may be conducted through counter-inspections, inspection of facilities and territories, personal inspection within the legislation, inspection of the availability of documents and property, inventory, test purchases and measurements, conducting surveys and requesting information, appointing expert assessments, technical testing, using checklists, test purchase of raw materials and analysis of production indicators, as well as other methods provided for by law.

The decree also approved the forms of procedural documents (orders for inspections, reports (certificates), etc.) and the Instructions on the procedure for matching costs with revenues of individuals.

The rules for disclosure in accounting by commercial organizations the amounts of revaluation of property, plant and equipment acquired at the expense of the budget have been clarified

Amendments have been made to the Instructions for accounting of property, plant, and equipment (PPE), approved by the Decree of the Ministry of Finance No. 26 dated April 30, 2012.

Decree of the Ministry of Finance No.7 dated 30.01.2026 “On the specifics of accounting for the revaluation of property, plant and equipment,” clarified the procedure for disclosure by commercial organizations operations on the revaluation of PPE specified in paragraph 2 of Clause 45 of the Instruction on the procedure for accrual of depreciation of PPE and intangible assets, approved by Decree of the Ministry of Economy, the Ministry of Finance and the Ministry of Architecture and Construction No. 37/18/6 dated February 27, 2009 (hereinafter referred to as Instruction No. 37/18/6), created, acquired (received) or modified during reconstruction, modernization, technical modernization, repair and restoration and other similar works with the involvement of budgetary funds.

It is determined that:

1. The amounts of revaluation (additional evaluation, write-down) of PPE in the part of their value formed at the expense of budgetary funds are reflected in the debit (credit) of accounts 01 “Property, plant and equipment”, 02 “Depreciation of PPE” and the credit (debit) of account 98 “Income of future periods”;
2. The amounts of impairment (recovery of impairment) in the specified part are reflected in the debit (credit) of account 98 “Income of future periods” and the credit (debit) of account 02 “Depreciation of PPE”;
3. The reduction of future income by the amounts of accrued depreciation during the useful life of such PPE, as well as upon their disposal, is reflected in the debit of account 98 “Income of future periods” and the credit of account 91 “Other Income and Expenses”.

Additionally established that as of December 31, 2025, commercial organizations (excluding banking sector organizations), within the residual value of the specified PPE formed at the expenses of budgetary funds, reflect:

1. Amounts of revaluation (additional valuation, write-down) on the debit (credit) of accounts 83 “Additional capital”, 84 “Retained earnings (uncovered loss)” and the credit (debit) of account 98 “Income of future periods”;
2. Amounts of impairment (reversal of impairment) on the debit (credit) of account 98 “Income of future periods” and the credit (debit) of accounts 84 “Retained earnings (uncovered loss)”, 91 “Other income and expenses”.

Changes to accrue depreciation of property, plant, and equipment

By Decree No. 6/8/7 dated January 30, 2026 of the Ministry of Economy of the Republic of Belarus, the Ministry of Finance of the Republic of Belarus, and the Ministry of Architecture and Construction of the Republic of Belarus, amendments were made to the Instructions for Accounting for Depreciation of Property, Plant and Equipment. This document entered into force on February 11, 2026 but applies to relations arising from January 1, 2026.

The changes affected the following norms:

1. Depreciation of livestock for agricultural producers. Livestock from the main cattle herd are excluded from the list of assets that organizations and individual entrepreneurs engaged in agricultural production may not include in depreciable property, plant and equipment. These assets are subject to inclusion in depreciable PPE and depreciation in accordance with the generally established procedure.
2. Depreciation of property, plant, and equipment acquired (modified) using budgetary funds.

The provisions of paragraph 2, Clause 45 of the Instructions are additionally extended to property, plant and equipment that have been modified due to reconstruction, modernization, technical upgrades, repair and restoration work, and other similar work, if the cited activities were carried out with the involvement of funds from the republican and/or local budgets, as well as state non-budgetary funds.

Depreciation charges of such objects are included by organizations in other expenses in terms of the cost formed at the expense of budgetary funds, as well as in terms of the amounts of its revaluation and (or) impairment.

A detailed commentary can be found on the official website of the Ministry of Economy.

Suspension of transactions on accounts and electronic wallets

From January 1, 2026, amendments and additions were made to clauses 2 and 6 of Article 56 of the Tax Code:

• decision to suspend transactions on accounts and electronic wallets of payers is made if the head of a commercial organization, individual entrepreneur or other person authorized in due manner to act on behalf of a commercial organization or individual entrepreneur does not have information about the actual circumstances of the business activity,
• clause 2 of Article 56 of the Tax Code has been supplemented with subclause 2.5, according to which a decision to suspend operations is made if the tax authority establishes the absence of a legal entity of the Republic of Belarus at the place of state registration.

To confirm this, an inspection report on the location of a legal entity at the place of state registration is drawn up.

On ensuring the payment of wages and remuneration

Decree of the President No. 45 dated February 12, 2026, “On Ensuring the Payment of Wages and Remuneration,” was signed. Amendments are also being made to Decree of the President No. 314 of July 6, 2005, “On Certain Measures to Protect the Rights of Citizens Performing Work under Civil and Employment Contracts.” A specific payment deadline is now a mandatory condition of any contract.

The Department of State Labor Inspectorate is authorized to issue mandatory demands to eliminate violations of the law upon reveal of facts of non-payment (incomplete payment) of wages and remuneration under civil contracts within the due date.

If business entities fail to comply with these requirements recovery of such payments is extrajudicial. The Department of State Labor Inspection submits a request to enforcement agencies to initiate enforcement proceedings in the citizen’s interests.

Taxation of souvenirs, prizes, and rewards received at sporting and cultural events

The following incomes are exempt from income tax:

1. Prizes and other incentives received by athletes in connection with participation in international or national sports competitions, received by winners (prize-winners) of national sports events, in amounts determined by the President of the Republic of Belarus (clause 25 of Article 208 of the Tax Code).
2. Prizes and awards in cash received by winners, runners-up and participants of district, regional and republican competitions, shows, contests, festivals and fairs, projects and other similar events, in the amounts established by law (clause 281 of Article 208 of the Tax Code).
3. In-kind prizes and (or) gifts received by winners, runners-up and participants of district, regional, republican competitions, shows, contests, festivals-fairs, projects and other similar events without restrictions on the value of such in-kind prizes and (or) gifts, as well as the conditions that such prizes and (or) gifts are awarded within the law (clause 281 of Article 208 of the Tax Code).

Detailed information from the Ministry of Taxes and Duties can be found on the official website.

Information on the stock balance of goods as of March 1, 2026

Legal entities and individual entrepreneurs are to:

• conduct an inventory of the stock balance of traceable goods as of March 1, 2026. The inventory sheet is compiled in any format and must contain information required for the submission of information on stock balance of goods;
• submit information electronically by July 1, 2026, but no later than the beginning of turnover of such goods. Information may be submitted for the entire business entity or separately for each storage (sale) place.

Detailed information for business entities when submitting stock balances can be found on the website of the Ministry of Taxes and Duties.

On the application of a tracking system using navigation seals

From February 11, 2026, the mandatory use of navigation seals in the Eurasian Economic Union (further – EAEU) was introduced for the following goods:

• alcoholic beverages classified in headings 2203 00, 2204, 2205, 2206 00, 2207 and 2208 of the unified Foreign Economic Activity Commodity Nomenclature (further – FEACN) EAEU, tobacco, tobacco products classified in headings 2401, 2402 and 2403 of the FEACN EAEU, transported by road and (or) rail in accordance with customs procedures for transit, export, and also moved between the EAEU member states within the framework of mutual trade;
• clothing, footwear, equipment classified in commodity positions 4303, 6101–6106, 6110, 6401–6405, 8517, 8519, 8521, 8525–8528 of the FEACN EAEU and transported by road in accordance with the customs transit procedure;
• nicotine-containing products, nicotine raw materials, classified in positions 2404, 2939 79 000 0 and 293980 000 0 of the FEACN EAEU, transported by road and exported from the customs territory of the EAEU in accordance with the customs procedure for export (Agreement on the application of navigation seals in the EAEU to track shipments, approved by the decision of the Board of the Eurasian Economic Commission No.84 dated September 23, 2025).

More information: Official website of the Ministry of Taxes and Duties

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