taxes
Lottery, contest or promotion: what you need to know about prize taxation
In most cases, the winner does not need to pay taxes independently. This duty rests with the tax agent.The Main Directorate of the State Tax Service in Kyiv region reminds that lottery winnings, valuable contest prizes, or promotional rewards are…
other materials in the section taxes
How Ukrainian residents can confirm tax payments on income earned abroad
Residents of Ukraine who received funds outside the state and paid taxes there are required to declare such amounts. To credit the paid funds when calculating tax liabilities in Ukraine, official confirmation from a foreign agency must be provided.
Shadow employment level in Russia reached 41%
The share of shadow employment in Russia has reached 41% of the total number of working citizens. According to intelligence reports, the gap between the official number of employed people and staff in company payrolls stands at 30.5 million.
Profitability of the Ukrainian banking sector in the first half of 2026: 54 billion UAH
Solvent banks in Ukraine generated 54 billion UAH in net profit during the first half of 2026. The financial result was 32% lower than the previous year due to the application of an increased corporate tax rate.
Local budgets increase tax revenues by 16% in seven months of 2026
During January – July 2026, local budgets of Ukraine received UAH 324.9 billion in taxes and fees. This figure increased by 16% compared to the same period last year.
Metinvest Group paid UAH 8.5 billion in taxes over six months
In the first half of 2026, Metinvest Group channeled UAH 8.5 billion in taxes and fees to budgets at all levels in Ukraine. This figure is 8% lower compared to the same period of the previous year.
