Business news from Ukraine

Confectionery producers paid UAH 2.6 bln in taxes in 2023

10 February , 2024  

In 2023, bun and cookie producers paid taxes worth UAH 2.6 billion, which is UAH 0.4 billion or 17.7% more than a year earlier, Danylo Hetmantsev, chairman of the parliamentary committee on finance, tax and customs policy, said on Telegram.

According to the report, the leaders in paying taxes and financing the Ukrainian Armed Forces among bun and cookie producers in 2023 were Vinnytsia Bakery No. 2, Dnipro Food Concentrates Plant, Stolychnyi Mlyn, Dnipro Mlyn, and Kviten Confectionery.

“These producers have a higher VAT and income tax burden than the industry average, and at the same time covered a fifth of tax revenues,” summarized the chairman of the parliamentary financial committee.

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