In 2018 PJSC Ukrnafta paid UAH 15.3 bln in taxes, including UAH 1.2 bln of the overdue tax debt, to the budgets of all levels. Thus, last-year’s taxes in total exceeded by 45,7% the same indicator for 2017 (UAH 10.5 bln) and by 88.9% the taxes of 2016 (UAH 8.1 bln).
In 2018 the company fully met its current tax obligations along with repayment of the outstanding tax debt on a regular basis. In total Ukrnafta repaid UAH 1.24 bln of the debt in the reported period.
Ukrnafta recorded UAH 10.6 bln of the overdue tax debt as of December 31, 2018. This includes the debt owed by the company and its structural units as well as the debt for the joint activities, excluding the penalties and fines that are charged by payback. Ukrnafta’s approach to recording and reporting tax debt is consistent with the Ukrainian law and is supported by the independent external auditor.