Taxpayers of Ivano-Frankivsk region paid 87.8 million UAH of the excise tax on retail sale of excisable products to local treasuries during January – June 2020. Revenues have increased almost by 9 million UAH comparing to the same period in 2019. This was reported by the Main Directorate of the STS in Ivano-Frankivsk region.
Moreover, 50% of such revenues, namely 44.3 million UAH were provided by business entities registered at Ivano-Frankivsk Department of the Main Directorate of the STS in Ivano-Frankivsk region.
Excise tax, which is 5% of the amount of purchased excisable products, is one of the sources of filling local budgets. Given that it is the end consumer who is the excise tax payer, it is recommend to demand a fiscal check from the seller for alcohol or tobacco products, which will not only prove the fact of legal sale, and therefore fill the city’s treasury or community and will guarantee protection against the counterfeit products.