Public joint-stock company Ukrgazvydobuvannya became the leader on the list of Ukraine’s largest taxpayer over 2017, having paid $1.75 billion in taxes. The figure observed in 2016 was recorded at $1.32 billion, the Office of Large Taxpayers of the State Fiscal Service has informed, Interfax-Ukraine reports.
Along with Ukrgazvydobuvannya, the list of the three largest Ukrainian taxpayers in 2017 also includes the private joint-stock company Tobacco Company B.A.T.-Pryluky ($455 million) and Philip Morris Ukraine ($479 million).
The national joint-stock company Naftogaz-Ukraine cut tax payments by $160 million from their 2016 levels. Altogether the corporation paid $399.3 million.
With $361 million paid in taxes, compared to $285 million in 2016, Ukrnafta is also on the list of the country’s top five largest taxpayers.
The top ten includes JT International Ukraine ($330 million), Ukrtatnafta ($302 million) and the National Nuclear Generating Company Energoatom ($302 million), as well as Ukrtransgaz ($260 million) and the private joint-stock company Imperial Tobacco Production Ukraine ($271 million).
The office said that out of 2,506 enterprises serviced, Ukraine’s top 100 largest taxpayers in 2017 paid a total of $8.97 billion to the state budget, which represents more than 70% of all payments serviced by the institution.
In general, taxpaying corporations serviced by the State Fiscal Service paid over $12.33 billion to the state budget, which indicates an increase of $3.3 billion in absolute terms.