Following the results of 11 months of 2020, local treasuries of Trans-Carpathian region were replenished by 268.5 million UAH more than during the corresponding period in 2019. This year, local budgets received 5.656.3 million UAH of taxes and fees. This was reported by Main Directorate of the STS in Ivano-Frankivsk region.
The biggest amount, namely 3.663.9 million UAH of the personal income tax was transferred to local budgets. This tax generates two-thirds of local budget revenues and remains the highest tax of all that fills local budgets. Revenues growth from the personal income tax amounted to 321.6 million UAH comparing to the last year’s revenues.
Also, the single tax was received by 37.6 million UAH more than last year. Trans-Carpathian entrepreneurs transferred 720.2 million UAH of single tax to the local budget during January – November 2020.
Real estate other than land tax payment was also increased by 16.9 million UAH. During the specified period, it amounted to 123.9 million UAH.
Local budget received 170.7 million UAH of the excise tax from business entities that carried out retail sale of excisable goods during January – November 2020 (revenues growth of 13.5 million UAH), corporate income tax – 84.7 million UAH (revenues growth of 21.5 million UAH).
Amount of revenues from the land tax is significant, amounting to 562.2 million UAH. However, this year’s revenues amounted to 13.1 million UAH less than last year.
Taking a set of measures to improve the administration mechanisms of taxes and fees made it possible to maintain the growth rate of revenues to local budgets of Trans-Carpathian region.
