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Budget of Kirovohrad region received 126 million UAH due to the tax debt repayment

, published 23 November 2020 at 16:12

Tax debt department of Main Directorate of the STS in Kirovohrad region reported that revenues from the tax debt repayment to the consolidated budget amounted to 126 million UAH during 10 months of 2020, including 91.4 million UAH to the state budget and 28.6 million t UAH o the local budget. Such revenues were provided due to effective cooperation with taxpayers, as well as due to the collection measures taken by the STS, such as collection of debtors’ cash and non-cash funds totaling 43.5 million UAH, revenues from enterprises that are in bankruptcy proceedings amounted to 4.5 million UAH, as well as the sale of property – 1.8 million UAH.

Total amount of tax debt as of the 1st of November 2020 to budgets of all levels in Kirovohrad region amounted to 1674.2 million UAH, of which to the state budget received 1347.6 million UAH. At the same time, the debt of enterprises in respect of which bankruptcy proceedings have been initiated amounted to 316 million UAH or 18.9% of the total amount of debt. During October 2020, the tax debt was reduced by 42.4 million UAH.