Local budgets of Ternopil region received 1 billion 651.3 million UAH of tax payments during January – May 2020. This is 3.5% or 56 million UAH more than during the corresponding period in 2019.
Among the main sources that fill the local budgets of Ternopil region there are: the personal income tax, single tax and land payment. Thus, the personal income tax revenues 1 billion 106 million UAH during January – May 2020, which is 3.4% or 36.7 million UAH more than during January – May 2019.
Next in revenues terms is the single tax. Namely, business entities on the simplified taxation system paid more than 301 million UAH to the budget, which is 12.2% or 32.7 million UAH more than in 2019.
Local treasuries received 112.3 million UAH of the land payment.
Only in May 202, local budget revenues amounted 320.6 million UAH, which is 4.2% or 13.1 million UAH more than expected. Particularly, business representatives paid 213.9 million UAH of the personal income tax; 61.5 million UAH of the single tax and 20.3 million UAH of the land payment.