Agricultural producers of Poltava region, who use the simplified taxation system of Group IV, transferred122.4 million UAH of the single tax to local budgets of Rivne region during January – May 2020.

It should be noted that as of 01.06.2020, the simplified taxation system of Group IV is used by 1945 taxpayers – agricultural producers whose agricultural production share per year is equal to or exceeds 75%.

Amount of tax rates per 1 ha of agricultural land depends on the category (type) of land, its location and is determined as a tax base percentage. According to the Tax Code of Ukraine, the agricultural producer is a legal entity, regardless of organizational and legal form, involved in production of agricultural products and / or breeding, rearing and fishing in inland waters (lakes, ponds and reservoirs) and its processing on its own or leased facilities, including self-produced raw materials on toll terms, and carries out operations for its supply.