Main Directorate of the STS in Luhansk region reported that budgets of all levels received 3 billion 223 million UAH of the personal income tax during January – November 2020 (hereinafter – the PIT).
Tax specialists noted that local budgets received 2 billion 404.3 million UAH of the personal income tax, which exceeds figures of January – November 2019 by 230.5 million UAH.
818.7 million UAH of the personal income tax was transferred to the state budget. This figure has increased by 78.5 million UAH comparing to the corresponding period in 2019.
Main Directorate of the STS in Luhansk region emphasized that due to the responsibility of a significant part of employers and citizens budgets of all levels and, above all, territorial communities receive the largest share of tax revenues from the personal income tax for development of their own socio-economic sphere.
