The enterprises of British-based Ferrexpo Plc, which controls Poltava, Yeristovo and Belanovo ore mining and processing enterprises (GOK) in Ukraine, in January-June 2018 increased tax and duty payments by more than 2.4 times compared to the same period in 2017, to more than UAH 1.3 billion.
According to the company’s press release, in the structure of payments, Ferrexpo Poltava Mining for the reporting period transferred more than UAH 1.1 billion of taxes to the budget of Ukraine, Ferrexpo Yeristovo Mining more than UAH 189.9 million, while Ferrexpo Belanovo Mining more than UAH 5.3 million.
Poltava GOK paid over UAH 110 million to the local budget, over UAH 141 million to the regional budget, and over UAH 736 million to the national budget of Ukraine (11%, 14% and 75% respectively). The social security tax of the enterprise exceeded UAH 128 million.
Yeristovo GOK transferred over UAH 29.8 million to the local budget, UAH 36.7 million to the regional budget, and more than UAH 97.2 million to the national budget (18%, 22% and 60% respectively). The social security tax of the enterprise amounted to more than UAH 26.1 million.
Belanovo GOK paid more than UAH 2.5 million to the local budget, more than UAH 400,000 to the regional budget, and more than UAH 800,000 to the national budget (67%, 11% and 22% respectively). The social security tax amounted to more than UAH 1.5 million.
