Ukrainians pay 8.4 billion hryvnas in Google tax over last 10 months
Source: Danylo Hetmantsev/Telegram
Foreign companies providing digital services in Ukraine have paid over 3.1 billion hryvnias on their profits in the third quarter of 2024.” Known as a Google tax, this policy helped Ukraine take in 8.4 billion hryvnias in revenue this year.
Compared to the second quarter, such tax obligations rose by 7%. New tax contributors this quarter included international companies like Zoho Corp., Notion Labs, and FX Replay.
Leading contributors such as Google, Apple, META Platforms, and Valve Corp. still top the list of biggest tax-payers, contributing over 2.2 billion hryvnias collectively. Meanwhile, companies like UpWork Global, Sony, and Etsy, added some 300 million hryvnias.
Ride-sharing companies Uber, Uklon, and Bolt reported a VAT total of 89.4 million hryvnias, up by 20 million hryvnia from the 2nd quarter.
Notably, adult entertainment platforms OnlyFans and PornHub prove to be a dilligent tax-payers contributing 58.4 million hryvnias in VAT payments, and it is happening despite the fact Ukrainian laws ban the production and distribution of adult content.
To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).
In just 1.5 months, Ukrainian specialists have created an innovative protective shell for the control modules of anti-aircraft missile systems (AMS) Patriot and Iris-T SLM. This development was another step in strengthening Ukraine’s defense capabilities, aimed at protecting key elements of the air defense system from debris damage.
Military serviceman of the International Legion for the Defense of Ukraine with the call sign “Paradox” is the crew commander of the American M113 armored personnel carrier. He is a master at using it and is constantly improving, because the legionnaire’s skills are tested every day in battle. You have to drive to the front lines, often under artillery fire and drone attacks.
Notorious supporter of the concept “in order for a cow to eat less and give more milk, it needs to be fed less and milked more” “Servant of the People” Danylo Hetmantsev, under the guise of “business requirements”, registered a draft law on the collection of VAT on all foreign purchases, regardless of their value. In other words, every Ukrainian, buying goods of any value and purpose abroad, when sending them to Ukraine, will have to pay an additional fifth part, or 20% of the cost of the goods.
Source: UJCU A Molotov cocktail was thrown at a facade of a synagogue in Mykolaiv…