Ukrnafta paid about UAH 500 million in taxes for April
Ukrnafta paid about UAH 500 million in taxes for April

For April 2020, PJSC Ukrnafta paid to the budgets of all levels in taxes in the amount of UAH 486 mln. This amount included the rent for subsoil use, VAT, profit tax, excise duty and other taxes. The amount of taxes paid for 4 months of 2020 reached 5.56 billion UAH.

Ukrnafta paid UAH 235 mln in rent to the state and local budgets of all levels for April 2020. According to the rent sharing mechanism, established by law, the oblasts, raions and local communities’ budgets received UAH 11.76 mln. The biggest recipients of rent revenues from Ukrnafta were the budgets of Sumy (UAH 4.63 million), Ivano-Frankivsk (UAH 2.72 million) and Poltava (UAH 2.22 million) regions. The amount of rent paid to the local budgets depends on the volume of hydrocarbons production in the region and the price of hydrocarbons. The communities usually fund local infrastructure and social projects with rent revenues.

5% of rent revenues to budgets of oblasts, raions and local communities, mln UAH

 

InApril 2020

Sumy oblast

4,63

Ivano-Frankivsk oblast

2,72

Poltava oblast

2,22

Chernihiv oblast

1,07

Lviv oblast

0,89

Kharkiv oblast

0,2

Dnipropetrovsk oblast

0,03

Chernivtsi oblast

0,01

Total

11,76

In 2019, Ukrnafta was included in the top ten largest taxpayers of the country - the company has paid UAH 13.45 bln to the budgets of all levels.