Local budgets of the region received almost 2 billion 333 million UAH of tax payments during the 1st half of 2020.Revenues have increased by more than 47 million UAH comparing to the same period in 2019. This was reported by the Head of the Main Directorate of the STS in Trans-Carpathian region Ilia Matyola.
“During quarantine restrictions, the business community of the region paid tax payments in the appropriate amount and on time. Therefore, the funds available to local budgets allow the territorial communities of Trans-Carpathian region to direct them to their own development” – stated Head of the Main Directorate of the STS in Trans-Carpathian region.
It should be noted that the main sources of filling the local treasuries are the personal income tax, single tax, land tax, real estate tax. Specifically during 6 months of 2020, territorial communities received more than 1 billion 627 million UAH of the personal income tax which is almost 44 million UAH more than during January – June 2019.
Next in revenues terms is the single tax. Individuals registered on the simplified taxation system paid more than 327 million UAH to the budgets, which is 18.5 million UAH more than during the same period in 2019.
More than 182 million UAH of the land tax and more than 77 million UAH of the excise tax on retail sale of excisable products were also transferred to local treasuries within 6 months of 2020.