Business news from Ukraine

Business news from Ukraine

SOME 3,100 UKRAINIANS REPORT INCOMES OF MORE THAN UAH 1 MLN IN 2019

Ukrainians declared UAH 871 million of income tax and UAH 120 million of military tax as of May 14, 2020. In particular, some 3,150 citizens reported incomes in the amounts of more than UAH 1 million. In general, the will pay UAH 393 million of income tax and UAH 47 million of military tax.
The State Tax Service of Ukraine reported on its website that the majority of citizens, who declared more than UAH 1 million in incomes in 2019, are as usually registered in Kyiv – around 1,200 taxpayers.
“Kharkiv and Dnipropetrovsk regions have 278 and 270 millionaires, respectively,” it said.
The State Tax Service also said that the income declaring campaign for 2019 has been prolonged until July 1, 2020. The deadline for submitting declarations is June 30, 2020.

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