Ukrnafta paid more than UAH 5 billion in taxes in the first quarter
Ukrnafta paid more than UAH 5 billion in taxes in the first quarter

For March 2020, PJSC Ukrnafta paid to the budgets of all levels in taxes in the amount of UAH 638 mln. This amount included the rent for subsoil use, VAT, profit tax, excise duty and other taxes. The amount of taxes paid in the first quarter reached UAH 5.08 billion.

Ukrnafta paid UAH 336 mln in rent to the state and local budgets of all levels for March 2020. According to the rent sharing mechanism, established by law, the oblasts, raions and local communities’ budgets received UAH 16.8 mln. The biggest recipients of rent revenues from Ukrnafta were the budgets of Sumy (UAH 6.67 million), Ivano-Frankivsk (UAH 3.78 million) and Poltava (UAH 3 million) regions. The amount of rent paid to the local budgets depends on the volume of hydrocarbons production in the region. 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

 

InMarch 2020

Sumy oblast

6,67

Ivano-Frankivsk oblast

3,78

Poltava oblast

3,0

Chernihiv oblast

1,68

Lviv oblast

1,33

Kharkiv oblast

0,26

Dnipropetrovsk oblast

0,04

Chernivtsi oblast

0,01

Total

16,8

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