For 11 months Ukrnafta paid UAH 14.4 bln in taxes
For 11 months Ukrnafta paid UAH 14.4 bln in taxes

PJSC Ukrnafta, one of top 5 tax payers in Ukraine, paid UAH 14.4 bln in taxes for January-November of 2018. That is already by 41.2% more than for the whole last year.

This year the company is not only paying all current taxes, but also repaying the outstanding tax debt on monthly basis. Thus, the paid taxes include UAH 1.24 bln of the overdue tax debt of Ukrnafta.

The company recorded UAH 10.7 bln of outstanding tax debt as of the end of 3Q2018. This includes the debt owed by the company and its structural units as well as the debt for the joint activities. Ukrnafta’s approach to recording and reporting tax debt is consistent with the Ukrainian law and is supported by the independent external auditor. The bulk of the debt accumulated in 2014-2015 before the management change.

 

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