Major taxpayers' revenue in Q1 2018 grew by 11.6% year-over-year, to $49.8 billion.
Ukrainian major taxpayers in the first quarter of 2018 (Q1) declared UAH 20.1 billion, or US$770.7 million, in corporate profit tax, which accounted for 81.4% the country's declared taxes.
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The corporate profit tax declaration campaign for Q1 2018 ended on May 10, 2018, the Large Taxpayers Office under the State Fiscal Service of Ukraine has said.
"A total of 1,346 business entities submitted corporate profit tax declarations to the Office, that is 5% of the total number of such payers in Ukraine," it said.
Following the results of the Q1 2018 declaration campaign, the major taxpayers' revenue amounted to UAH 1.298 trillion ($49.8 billion), which was 11.6% up year-over-year, accounting for 62.4% of total revenue in Ukraine.
As UNIAN reported earlier, Ukrainian major taxpayers in 2017 declared UAH 70.2 billion ($2.7 billion) in corporate profit tax, which was 55.8% up on 2016.