"ArcelorMittal Krivoy Rog" in 2019 paid to the budget UAH 340 million of environmental taxes
Environmental payments PJSC "ArcelorMittal Kryvyi Rih" in 2019 increased by 52% and amounted to 340 million. About it reported in a press-service of the mining company. It specified that from January 2019 Ukrainian companies pay for carbon dioxide emissions 25 times more than it was previously.
"If we talk about the environmental tax, the amount of its General deductions in 2019 increased by 52%. If in 2018 the total amount paid by the company environmental tax amounted to 223 million UAH, then in 2019 it has increased to 340 million, of which 134 million hryvnia – that the payments for emissions of co2," - said Andrey Maksimov, the head of the tax service "ArcelorMittal Kryvyi Rih".
In accordance with the current legislation, payments for carbon emissions from 2019 in full do to the revenues of the state budget of Ukraine. Local budgets of territorial communities where there are direct sources of emissions, such payments are no longer receiving that, according to Maximov, unfair.
"Means the environmental tax should be utilized more effectively, primarily at the local level, not "dissolve" in the total income of the state budget. It would be better to part of the proceeds from environmental taxes remained at the disposal of the enterprises and used by them solely for environmental projects and programs in the industrial cities and regions", - said the head of the tax service "ArcelorMittal Kryvyi Rih".
Total payments of taxes and fees "ArcelorMittal Krivoy Rog" in 2019 amounted to almost 8.7 billion hryvnia. The total amount of taxes and fees on direct payments to budgets of different levels accounted for 3.3 billion UAH, the share of VAT paid at customs – almost 4,4 billion, on the single social contribution – almost 957 million.
"ArcelorMittal Kryviy Rih" is one of the largest taxpayers in the mining industry and Ukraine as a whole. Since the arrival of the new owner in 2005, the company paid the state more than 69 billion hryvnias of taxes and fees.