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IDGC of Centre and IDGC of Centre and Volga Region transferred about seven billion rubles to budgets of different levels in the first quarter

27 May 2019

IDGC of Centre and IDGC of Centre and Volga Region are large and responsible taxpayers. The companies faithfully fulfill their tax obligations. In the first quarter of 2019, deductions of IDGC of Centre and IDGC of Centre and Volga Region to the budgets of different levels amounted to 6.83 billion rubles.

2.93 billion rubles were transferred to the federal budget. 1.648 billion rubles were transferred to regional budgets, and 13.2 million rubles to the local budgets in the form of land tax. Deductions for insurance premiums (the Pension Fund, Mandatory Medical Insurance Fund, Social Insurance Fund) and extra-budgetary funds (compulsory social insurance against industrial accidents and occupational diseases) amounted to 2.239 billion rubles.

Timely and full payment of taxes by IDGC of Centre and IDGC of Centre and Volga Region contributes significantly to the successful implementation in the regions of the company’s operations (20 constituent entities of the Russian Federation) of economic and social programs aimed at improving the general well-being and quality of life of the population, developing education, culture and health care.

It is worth noting that branches of the companies have repeatedly been among the largest taxpayers in their regions.

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