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Govt’s measures help collect more taxes from alcohol market
Journal Staff Report

KYIV, Aug 8 – Despite the resistance of the "black" market, measures to de-shadow the alcoholic beverages market are yielding positive results, including in the form of budget revenues, head of the relevant parliamentary committee Danylo Hetmantsev reported on Telegram.

According to the report, payments by alcohol companies to the budget for seven months of 2024 increased by almost 20% (UAH 1.1 billion more).

According to Hetmantsev, there is also an increase in VAT tax efficiency. Taking into account the latest VAT declaration results, tax efficiency in the industry in 2024 is 7.12%, which is 1.5 percentage points more than last year (5.62%). At the same time, he points out that in the pre-war 2021, tax efficiency was 5.16%.




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