Big business has brought more than UAH 12B to Ukraine’s local budgets.
Thursday, November 10, 2022

Big business has brought more than UAH 12B to Ukraine’s local budgets.

For the 10 full months of the current year, large taxpayers have paid UAH 12.4B ($340M) in tax revenue to local budgets, the relevant division of the State Tax Service reported. The results for January-October 2022 are UAH 616.9M, or 5.2% higher than last year. Moreover, since the beginning of the year, UAH 6.7B of personal income tax has been paid – at the previous year’s level. Also, large taxpayers paid UAH 4.3B in income tax to local budgets, which is 16.2% higher than last year. In particular, Kyiv received UAH 244.7M in excise tax from the retail sale of excise goods by large taxpayers.

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