The rules for taxing prizes and gifts given to Belarusians are likely to be revised, according to a draft of the 2027 Tax Code reported by 1prof.by.

For the first time, the document introduces a clear definition: any item originally created to be given as a souvenir or commemorative product will be classified as such.

Currently, a general threshold of 259 rubles applies per source over a period. However, the draft's authors reject this system and instead outline specific events where received items are exempt from taxation.

A separate provision concerns awards: prizes and commemorative gifts from sports tournaments, festivals, and celebrations marking national holidays, as well as awards from the National Olympic Committee and the Presidential Sports Club, are entirely exempt from income tax.

If a case doesn't fall into any of these categories, a simple rule applies: as long as the gift's value doesn't exceed 500 rubles in a single instance, no tax will be levied.