LPR tax revenue increases by 3 percent in August year-on-year


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LUGANSK, September 10 (Lugansk Media Centre) - The Lugansk People’s Republic tax revenue increased by 3 percent in August year-on-year, the LPR State Tax and Revenue Committee reported.

“Budgets of all levels and extra-budgetary funds reported a 3 percent increase in tax revenue in August compared with the same period last year,” the Committee said.

The major revenue contributors were grape, gardening and hop tax (up 41 percent), profit tax (39 percent), agricultural tax (23 percent), excise tax on produced goods (21 percent), turnover tax (13 percent) and simplified tax (12 percent).

Earlier, the Tax and Revenue Committee reported that tax revenue in the first half of this year increased by 18 percent year-on-year.



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