The Alcohol Market of Ukraine Has Lost 2% of Taxes: What Made Hetmancev Warn.

The Alcohol Market of Ukraine Has Lost 2% of Taxes: What Made Hetmancev Warn
The Alcohol Market of Ukraine Has Lost 2% of Taxes: What Made Hetmancev Warn

The Shadow Sector of the Ukrainian Economy

The head of the Financial Committee of the Verkhovna Rada spoke about one of the most shadowy sectors of Ukraine's economy. According to him, it concerns alcohol.

Danylo Hetmancev talked about this in an interview with Novyny.LIVE

Hetmancev noted that alcohol has traditionally been one of the most shadowy sectors of Ukraine's economy.

'It is such a 'semi-criminal market' where they have always operated in the shadows. Between 2022 and 2024, we managed to triple the legal production of alcohol, even as we lost consumers. The market has contracted, but legal alcohol production has tripled. This is a huge victory when we forced them to pay taxes', he says.

The head of the Financial Committee of the Verkhovna Rada noted that since the beginning of the war, the tax burden from alcohol production has increased from 5% to 7% in 2024.

'However, in 2025, I am very concerned about this figure, which is falling to 4.88%, that is, 2% less', explains Hetmancev.

According to Hetmancev, legislation regarding taxation based on capacity does not bring the required revenue due to shortcomings in documentation preparation and expertise.

He called on fiscal and tax services to resolve this issue and return to the indicators of 2024.

Additionally, the head of the Verkhovna Rada Committee on State Governance, Local Self-Government, Regional Development, and Urban Planning Olena Shuliak stated that Ukrainians can expect new steps to eliminate shadow rental of housing.

Earlier, we reported on how the sale of used cars will be taxed in 2025, noting that the first sale in the calendar year is not taxed.

The Verkhovna Rada Committee has considered the problem of the shadow sector of the Ukrainian economy, particularly the alcohol market. Deputies are discussing taxation issues concerning the alcohol industry and plan to improve legislation to combat shadow operations.

Read also

Advertising