Business news from Ukraine

JULY TAX COLLECTION PLAN OVERFULFILLED BY UAH 5 BLN

1 August , 2019  

The State Tax Service (STS) of Ukraine in July 2019 managed to ensure UAH 5 billion more in tax payments to the national budget, however, total tax payments collected by the State Fiscal Service [which consists of the tax and customs services] is UAH 14 billion lower than the target figure, STS Serhiy Verlanov said.
“According to a recent update, the tax service collected UAH 5 billion more in July [than it was planned],” Verlanov said at a press briefing in Kyiv on Thursday.
Yet, he said, funds collected by the customs unit is lower than the target.
“Yes, we’ve got questions to ask the customs,” he said.

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