According to the results of 2017, companies that are in the field of interest of Smart-Holding (not taking into account Metinvest and HarvEast companies) paid UAH 1.121 billion in taxes and duties to the budgets of all levels, which is 11.2% more than in 2016.
Income tax payments amounted to UAH 133.7 million, royalty payments stood at UAH 420.98 million and the value added tax totalled UAH 313.7 million.
The amount of taxes under the pay-roll fund in 2017 reached UAH 199.93 million, which is 32% more than in 2016.
UAH 96.59 million of individual income tax and UAH 26.68 million of land tax have been paid to local budgets.
The largest amounts of taxes were paid by companies of Smart-Holding's gas producing business block (Smart Energy) – UAH 858.4 million. At the same time, half of this amount was made up by royalty payments. Significant growth in tax deductions was demonstrated by the new logistics business line represented by Naval – UAH 24.9 million. This is almost twice the level of 2016.
"Yet, Metinvest, in whose share capital we own a blocking shareholding, of course, remains the absolute leader in payments to the budget. This information will become publically available a little later. These are tens of billions of hryvnias. A significant contribution is made by our gas producing business. One thousand cubic meters of produced gas gives UAH 3.345 of taxes to the budgets of different levels. It is important that due to the mechanism of decentralization of the royalty payment, which has been launched since the beginning of this year, considerable funds began to accumulate in local budgets. We are interested in this giving an impetus to the development of territorial communities in the regions where our business is present," said Alexey Pertin, CEO of Smart-Holding.
