Tax payments transferred by large taxpayers grew by 10.2% – State Fiscal Service

In January-September 2018, large taxpayers transferred UAH 3,616 billion in taxes to the state budget, which is UAH 334 billion (or 10.2%) more compared with the corresponding period last year, according to the website of the Office of Large Taxpayers of the State Fiscal Service.

“Over the nine months of the current year, revenues from large businesses, serviced by the Office of Large Taxpayers, made up UAH 3,616 billion, exceeding the figures of the corresponding period last year by UAH 334 billion, or 10.1%. Revenues from large tax payers make up almost 61% of revenues across Ukraine in general," reads the report.

The taxpayers serviced by the Office of Large Taxpayers provided over 79% of tax deductions from general taxes around the country. At the same time, income tax has a better growth dynamic than the growth rate of income. So, large taxpayers declared UAH 55 billion in income tax, which is UAH 7.6 billion or 16.2% more compared with the corresponding period last year.

As Ukrinform reported, in 2017, large tax payers transferred UAH 355.1 billion to the consolidated budget, which is UAH 95 billion more than in 2016.

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