Main Directorate of the STS in Rivne region reported that military levy’s revenues were provided in the amount of nearly 313 million UAH during 10 months of 2020. Revenues growth has amounted to 22.8 million UAH or 7.9% comparing to the corresponding period in 2019.
Deputy Head of Main Directorate of the STS in Rivne region Nadiya Druzyuk informed that each citizen, receiving a legal salary and other official income, makes a reasonable financial contribution for the army’s needs on a monthly basis. After all, security of each of us and the state as a whole largely depends on the timely financing of the Armed Forces of Ukraine.
Reminder! Military levy is taxed on income from the source of their origin in Ukraine, which is finally taxed at the time of their accrual (payment, provision), as well as foreign income – income (profit) received from sources outside Ukraine. Military levy, which is aimed at maintaining the defense capabilities of Ukrainian army and establishing peace in our country, was introduced on August 3, 2014. Its rate is 1.5% of the taxation object.
