News

8 April 2019, 14:36

Business

LPR tax revenue up 16 pc in Q1 2019 year-on-year

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LUGANSK, April 8 (Lugansk Media Centre) – The Lugansk People’s Republic Tax and Revenue Committee reported a 16 percent increase in tax revenue in Q1 2019 year-on-year.

“The Committee reports that consolidated budget revenue increased by 16 percent compared to last Q1,” the report said.

An increase in tax revenue was recorded in machine engineering (71 percent), metallurgy (66 percent), light industry (38 percent), chemical industry (24 percent), food (32 percent), construction (11 percent), trade (17 percent), transport (17 percent), agriculture (14 percent).

Earlier, the LPR Tax and Revenue Committee reported a 41 percent increase in budget tax revenue in 2018 year-on-year.

LPR business people declared and legalized more than 130 mln rubles worth of earlier concealed profits and paid some three million rubles worth of taxes.

LuganskMediaCentre — 08 April — Lugansk