The Council will consider the project on withdrawal of part of the tax from Kiev to the state budget

On July 16, the Verkhovna Rada plans to consider the Bill No. 13439-3, which provides for a redirection of part of the corporate income tax from local budgets to the state budget. The document applies only to the city of Kiev, and, according to preliminary estimates, it is about the withdrawal of approximately 10% of the total amount of tax that remains in the capital. It is about UAH 8 billion.

According to Forbes Ukraine, the funds raised are planned to be sent to the State Budget Reserve Fund, and then in support of Ukrzaliznytsia, which in 2024 faces a deficit of liquidity. According to the results of the first quarter, the company declared losses at the level of UAH 6.7 billion. The redistribution should be one of the tools for emergency stabilization of the situation on the state carrier.

Kyiv Mayor Vitaliy Klitschko sharply criticized the initiative, stating that the withdrawal of funds that are directed in the capital to support the Armed Forces, the medical system, the rehabilitation of military, education and social needs. According to him, the bill undermines the capabilities of the capital to provide basic functions in war.

On July 15, the attempt to include the bill in the agenda failed: some of the deputies did not vote, some left the hall. Today, on July 16, the document should be considered in the first reading. The final vote may take place no earlier than August 19, after the return of parliament from a summer pause.

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