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Zelensky approved the “military” personal income tax law

Photo: Press Service of the President of Ukraine

From October 1 to December 31 of this year, the “military” personal income tax will be allocated to the state budget in a 50% to 50% ratio for the purchase of drones and artillery systems.

President Vladimir Zelensky signed bill No. 10037 on the redirection of the so-called war tax on personal income (NDFL) and excise tax from local budgets to the state. This is confirmed by data on the website of the Verkhovna Rada on Friday, November 17.

As People’s Deputy Yaroslav Zheleznyak wrote in Telegram, from October 1 to December 31 of this year, the personal income tax of the military will be sent to the state budget in a ratio of 50% to 50%: the State Service for Special Communications and Information Protection ( SSSI) for drones (13 billion Hryvnia) and the Ministry of Defense for the purchase of artillery systems (13 billion Hryvnia).

And from January 1 to December 31 of the year, the military’s personal income tax is distributed in the following proportions:

  • 45% – GSSI for drones (forecast 43+ billion Hryvnia);

  • 45% – Ministry of Strategic Industry for the deployment of production of ammunition and weapons (43+ billion Hryvnia);

  • 10% – to the managers of the security and defense sector for automatic distribution between military units in proportion to the paid personal income tax (about 10 billion Hryvnias).

Also, from January 1, the excise tax will go to military needs (except for the local share of 13.44%), which went to the Road Fund.

Let’s recall that on November 8, the Verkhovna Rada adopted a law on redirecting personal income tax from local budgets to the state budget until the end of the war. The decision was supported by 253 deputies.

Funds will be redirected from the road fund to defense needs
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Source: korrespondent

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