In November, the gambling business paid UAH 1.5 billion in taxes, which is 36% less compared to the same period in 2023
Daniil Hetmantsev, the head of the financial committee of the parliament, reported this in the Telegram channel.
He added that the indicator was affected by a decrease in the amount of income tax payments by 49.7% compared to November last year. However, the general dynamics for 2024 remain positive: in 11 months, gambling companies replenished the budget by UAH 16 billion, which is 1.7 times more than for the same period in 2023.
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In the structure of revenues, 62.6% is occupied by profit tax (receipts under this article amounted to UAH 10 billion compared to UAH 5 billion last year), and 37% is personal income tax (the increase was 32.7% – UAH 5.9 billion versus UAH 4.5 billion ).
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Note that it is not difficult to explain the tendency to cut tax volumes (and cut incomes). In particular, in May, a decree came into force that completely banned the advertising of gambling games. This, in turn, gave illegal companies a head start. Several licensed operators experienced a series of shocks. In particular, Vbet and Cosmolot accounts were under arrest for a long time, Pin-Up funds were transferred to ARMA management. Looking for the latest in gambling? Check out exclusive casino news and trends right now. Also, recent months were marked by considerable fines imposed by KRAIL on gambling companies.
