According to acting head of the Main Directorate of the STS in Rivne region Vitalii Chui, in 2019 local budgets received 88.8 million UAH of the real estate tax other than land. This year’s revenues have exceeded last year’s figures by 20.3 million UAH.
Particularly, payers of the real estate tax – legal entities transferred 55.6 million UAH – this is 9.1 million UAH more than in 2018. Individuals transferred 33.2 million UAH – this is 51% or 11.2 million UAH more than over the same period last year.
Specialists of the Tax service in Rivne region remind that the real estate tax is paid not only for housing but also for the non-residential property and is fully credited to the local budgets.
“Growth of the real estate tax revenues has positive impact on the socio-economic development of the territorial communities in Rivne region. Local self-government authorities have opportunity to use the budget revenues for infrastructure development and implementation of regional development projects due to reform on the decentralization of power” – stated Vitalii Chui.