taxes - Latest news GMK Center

Revenues to local budgets amount to over 818 million UAH

Compared to 2022, the company's tax payments increased by 56%

The largest tax in terms of payments is the single social contribution – UAH 3.3 billion

Poltava Mining remitted more than UAH 845 million in taxes, Yeristovo Mining – 570 million UAH, Bilanovo Mining – 48 million UAH

The company understands that these funds are now needed by communities and the country as a whole to win

In Q2, the Group transferred UAH 4.6 billion to the Ukrainian budget, which is 15% more y/y

In January-September 2023, more than UAH 3 billion was transferred to the budgets of all levels and extrabudgetary funds

Almost UAH 364 million was paid to local budgets in January-June of the current year

The company increased tax payments to the state and local budgets by 11.7% y/y

The Group transferred over UAH 3.8 billion to the Ukrainian budget in Q2, which is 51% more than the previous quarter

Such a decision added even more uncertainty to the steel market in the country

Enterprises could not pay part of the tax assessments, but they refused benefits in favor of the state