The bill on tax relations has been adopted in the first reading
November 24, 2025
The bill "On Amendments to Laws" (on tax relations) has been passed by deputies in the first reading, BELTA correspondent reports.
Tax policy in 2026 will be aimed at ensuring the sustainable fulfillment of expenditure obligations stipulated by the budget. The Standing Commission of the House of Representatives on Budget and Finance has outlined the basic measures planned for budget revenue consolidation.
These include a differentiated increase in excise tax rates on fuel and tobacco products, taking into account international obligations, and an expansion of the list of excisable goods; indexing of tax rates set in absolute terms to the projected inflation level in 2026 (land tax, property tax, environmental tax, gambling tax, transport tax, personal income tax).The transformation of certain inefficient tax benefits into reduced rates and the cancellation of inefficient tax benefits are envisaged; bringing the Tax Code into line with current legal norms affecting various spheres; and adjusting the rights of tax authorities regarding tax control.To fill the revenue side of the budget, it is proposed to increase the coefficients for calculating property tax on expensive real estate owned by individuals and to establish increased rates of personal income and transport taxes on super profits and luxury motorcycles. 
Within the framework of the proposed changes, the tax burden in 2026 is projected to be 25.7% of GDP. In general, the bill addresses problematic tax issues considering the results of its practical application, further simplifies the procedure for calculating and paying specific taxes, optimizes tax incentives, improves tax administration, and facilitates taxpayers' understanding of the provisions of the Tax Code of Belarus.