{"id":25775,"date":"2023-11-03T13:31:25","date_gmt":"2023-11-03T10:31:25","guid":{"rendered":"https:\/\/ces.org.ua\/?p=25775"},"modified":"2023-12-26T14:35:57","modified_gmt":"2023-12-26T11:35:57","slug":"military-personal-income-tax","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/military-personal-income-tax\/","title":{"rendered":"Who needs the “military” personal income tax more: communities or the army?"},"content":{"rendered":"

The Centre for Economic Strategy (CES) invites you to join the discussion “Who needs the “military” personal income tax more: communities or the army?” that is going to take place on November 7 at 17:30 (Kyiv time).<\/strong><\/p>\n

To join the discussion please follow the link<\/a>.<\/p>\n

Despite the war, the country’s local budgets have recorded a historic excess of revenues over expenditures. This was made possible, in particular, by higher revenues from the personal income tax (PIT) of the military.<\/p>\n

As a result, according to CES calculations, local community spending on landscaping has increased by 45% compared to 2021, and on roads by 80%.<\/p>\n

The government’s latest initiative proposes to redistribute the “military personal income tax” to the needs of the armed forces, but the first attempt to adopt the draft amendments to the Budget Code failed.<\/p>\n

At our event, CES experts will present an overview of the state of local finances and the impact of the proposed changes on community budgets.<\/p>\n

Event schedule:<\/p>\n

17:30 – 17:45 Presentation of the study on the state of local budgets and the role of “military PIT”, Yuriy Gaidai, Senior Economist at CES<\/p>\n

17:45 – 19:00 Discussion and Q&A session:<\/p>\n