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TaxesToTheBudget

Tuesday, March 26
How business tax increases and economic reservations from mobilization will affect Ukraine’s budget.

How business tax increases and economic reservations from mobilization will affect Ukraine’s budget. Ukraine needs to find new sources of income for the state budget because raising taxes for businesses will lead to a decline in the country’s defense capabilities, according to Deputy Chairman o...

  • #BusinessSupport
  • #MobilizationUkraine
  • #TaxesToTheBudget
  • #UkraineBudget2024
  • #UkraineEconomy
  • #YaroslavZhelezniak
Monday, March 4
Ukraine’s budget revenue increased by 65% in February, and the gambling industry increased its tax payments by 370%.

Ukraine’s budget revenue increased by 65% in February, and the gambling industry increased its tax payments by 370%. The receipt of taxes, fees, and mandatory payments to the general fund of the state budget of Ukraine in February amounted to ₴184.8B, 65.4% more than in January, the Ministry of Finance reported. Rev...

  • #gamblingukraine
  • #TaxesToTheBudget
  • #TaxesUkraine
  • #UkraineBudget2024
  • #UkraineBudgetRevenue
Friday, February 23
Last year, Ukraine’s energy sector delivered ₴115B to the budget.

Last year, Ukraine’s energy sector delivered ₴115B to the budget. This total refers to contributions from the payment of excise duty and rent of energy sector enterprises, which are 17% more than in 2022, reported DiXi Group. It is noted that the taxpayers remitted ...

  • #EnergysectorUkraine
  • #energyukraine
  • #ExciseDuty
  • #OilCompaniesUkraine
  • #TaxesToTheBudget
  • #UkraineBudget2024
Tuesday, February 6
State-owned companies must pay 80% of their profits in the form of dividends.

State-owned companies must pay 80% of their profits in the form of dividends. The Cabinet of Ministers reported that the basic norm for deducting the share of profit directed to paying dividends for enterprises whose charter capital includes state corporate rights should be 80%...

  • #Naftogaz
  • #OschadbankUkraine
  • #TaxesToTheBudget
  • #TaxesUkraine
  • #UkraineStateOwnedEnterprises
  • #UkrainianRailways
  • #Ukrnafta
Tuesday, January 30
Zelenskyy proposes non-standard solutions to fill the state budget.

Zelenskyy proposes non-standard solutions to fill the state budget. President Volodymyr Zelenskyy believes that Ukrainian men who have gone abroad should pay taxes in Ukraine. According to him, some citizens left Ukraine and did not return to their former places of em...

  • #RefugeesFromUkraine
  • #TaxesToTheBudget
  • #UkraineBudget2024
  • #Zelenskyy
Wednesday, August 23
The processing industry has become the leading budget contributor.

The processing industry has become the leading budget contributor. Through the first seven months of the year, the industry paid 17.1% of taxes and fees collected from enterprises across all sectors, the Tax Service reported. Also, processing companies showed the hig...

  • #DanyloHetmantsev
  • #GamblingBusinessInUkraine
  • #TaxesToTheBudget
  • #TaxesUkraine
Thursday, July 13
Almost all Ukrainian businesses resort to tax optimization schemes.

Almost all Ukrainian businesses resort to tax optimization schemes. 70% of Ukrainian companies are not satisfied with the current tax system, and up to 90% of enterprises resort to optimization schemes, shows a survey by the InfoSapiens agency. In total, 56% of respon...

  • #10-10-10TaxModel
  • #businessinukraine
  • #TaxesToTheBudget
  • #TaxesUkraine
Thursday, July 6
The gaming business paid almost UAH 3B in taxes in the first half of 2023.

The gaming business paid almost UAH 3B in taxes in the first half of 2023. Ukraine’s gambling industry paid UAH 2.94B ($82M) in taxes in January-June 2023, which is 1,300 % more than in the same period of 2022, said the head of the Temporary Investigative Commission on...

  • #businesstaxes
  • #GamingBusinessUkraine
  • #PinUp
  • #TaxesToTheBudget
  • #YaroslavZhelezniak
Friday, May 26
Since the beginning of the year, the Ukrainian state budget has received UAH 3.2B from Google tax.  

Since the beginning of the year, the Ukrainian state budget has received UAH 3.2B from Google tax.   According to the state tax committee, in 2022 Ukraine collected UAH 4.3B in Google tax. In the first quarter alone, companies paid UAH 1.9B in value-added tax on operations to provide electronic servi...

  • #GoogleTax
  • #MetaPlatformsInc
  • #OnlyFans
  • #TaxesToTheBudget
Friday, December 2
Ukrainian taxpayers have exceeded the budget revenue plan by more than 13%.

Ukrainian taxpayers have exceeded the budget revenue plan by more than 13%. From the beginning of 2022, the budget has received UAH 73.8B more in taxes and fees than last year, said Danylo Hetmantsev, head of the Committee of Finance. However, Hetmantsev noted that in Novembe...

  • #DanyloHetmantsev
  • #TaxesToTheBudget
  • #TaxPayersUkraine
Monday, November 28
The wholesale, retail, and processing industries are still among the largest taxpayers during the war.

The wholesale, retail, and processing industries are still among the largest taxpayers during the war. From January to October, the largest share of the payment of taxes, fees, and payments to the consolidated budget was contributed by enterprises in the following industries: wholesale and retail trade...

  • #TaxesToTheBudget
  • #TaxesUkraine
  • #UkrainianEconomy
Friday, November 11
Ukrainian metallurgists paid about UAH 18B in taxes.

Ukrainian metallurgists paid about UAH 18B in taxes. The Metinvest group contributed almost UAH 18B ($49M) in taxes and fees to Ukraine’s budget in the first nine months of the year. The company notes that the largest portion is income tax. During the J...

  • #Metinvest
  • #TaxesToTheBudget
  • #UkraineMetallurgicalProduction
  • #YuriyRyzhenkov
Thursday, November 10
Big business has brought more than UAH 12B to Ukraine’s local budgets.

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 Januar...

  • #businesstaxes
  • #StateTaxService
  • #TaxesToTheBudget
Tuesday, October 4
Tax revenues for the Ukrainian budget increase by 15%.

Tax revenues for the Ukrainian budget increase by 15%. The consolidated budget received UAH 811.7B in tax payments for the nine full months of the current year. According to the State Tax Service, this is 15.3%, or UAH107.9B, more than from the same perio...

  • #StateBudget
  • #TaxesToTheBudget
Friday, August 5
The largest Ukrainian retailers paid 23% less in taxes.

The largest Ukrainian retailers paid 23% less in taxes. From January-May 2022, the largest companies of Ukraine paid about UAH 15B in taxes, which is UAH 4.29B or 23% less than in the same period in 2021, announced the Association of Retailers of Ukraine (...

  • #RAU
  • #TaxesToTheBudget
  • #UkraineRetailers
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