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HomeWorld100% of the tax...
September 4, 2023

100% of the tax on the income of individuals-military is planned to be sent to the special fund of the state budget

By David
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    100% of the tax on the income of individuals-the military can be taken from the communities and sent to the special fund of the state budget.

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    .

    People’s Deputy Yaroslav Zheleznyak wrote about this in the TG channel.

    According to him, the changes are planned as part of the amendments to the Budget Code for the state budget of 2024.

    Last year, local communities used about half of military personal income tax revenue for security and defense.

    According to experts, if these funds are taken away, they will dissolve in the state budget, and the communities will not be able to help the army and local residents.

    My colleague Galina Vasilchenko asked the Ministry of Finance what is planned there for 2024. The answer of the Ministry of Finance: it is planned that all 100% of personal income tax on the salaries of the military will go to the special fund of the State budget and be directed to defense needs, the deputy writes.

    In the summer of 2023, a discussion began in society on the irrational use of additional funds received by local budgets due to a sharp increase in income from personal income tax. It is caused by an increase in the cost of maintaining the military after the mobilization caused by the Russian attack on Ukraine.

    Often, local governments were accused of financing secondary needs during the war, such as re-laying the pavement and building new stadiums.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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