During January-March 2020, the State Budget of Ukraine received 1035.9 million UAH of the corporate income tax – which is 255.7 million UAH or 32.8% more than during the same period of 2019 (780.2 million UAH) and by 522.1 million UAH or 101.6% more in comparison to the same period in 2018 (513.8 million UAH). This was reported by Legal entities taxes and fees department of the Main Directorate of the STS in Lviv region.
In March 2020, Lviv enterprises paid 786.5 million UAH of the corporate income tax to the State Budget of Ukraine – which is 210.3 million UAH or 36.5% more in comparison to March 2019 (576.2 million UAH) and by 413.6 million UAH or 110.9% more than in March 2018 (372.9 million UAH).
The increase in the corporate income tax revenues was achieved due to the improved financial results of separate enterprises and the increase in export operations.