Ministry of Emergency Situations reminds, who will need to report their income to the tax authorities. If you were given a large gift of money or sold real estate in 2023, you may have to file an income tax return.
A tax return will need to be filed if in 2023 you:
- received income abroad and (or) from abroad (salaries, money transfers, rewards for work/services done abroad, winnings in online casinos and others);
The Tax Service recommends that individual residents of Belarus receiving such salaries or remunerations prepare in advance documents that confirm the withholding of tax abroad.
- sold real estate or cars;
This applies to those who have sold more than one apartment, residential building, cottage, garden house, garage, parking space, or land plot within five years. You will also have to report if you received money from the sale of more than one car, truck or bus per year.
- received more than 9,338 rubles as a gift from individuals who are not individual entrepreneurs during 2023.
The tax return will be due no later than April 1, 2024.
