The Roshen Corporation in 2017 paid UAH 1.592 billion of taxes to the national budget of Ukraine, the corporation's press service has told Interfax-Ukraine.

Profit tax of UAH 432.4 million was paid, as well as UAH 13.4 million of military tax, UAH 801.6 million of VAT and UAH 171.6 million of single social security tax.

Some UAH 172.9 million was paid to local budgets, including UAH 160.8 million of personal income tax and UAH 12.1 million of land tax and other taxes.

Earlier mass media published a letter of the State Fiscal Service of Ukraine with information that since December 7, 2016 Central-European Confectionary Company, the core company of the Roshen Corporation, has stopped being VAT payer.

The corporation said that Central-European Confectionary Company LLC, the parent company of Roshen Confectionary Corporation subsidiary, is only involved in investment, which is not subject to VAT payment.

As reported, in 2016, the corporation paid UAH 1.545 billion of taxes and in 2015 – UAH 1.337 billion.

Roshen Corporation is one of the top 30 largest confectionery manufacturers in the world. It includes confectionery factories in Kyiv, Kremenchuk and Vinnytsia, and the Vinnytsia Dairy Plant in Ukraine; as well as the Klaipeda Confectionery Factory in Lithuania and the BonbonettiChoco factory in Hungary. The Lipetsk factory in Russia stopped production on April 1, 2017.

According to the contract signed by President Petro Poroshenko in January 2016, he transferred his 85% stake in the corporation to the independent blind trust of Rothschild Trust. The bank managing the trust also has a four-year power of attorney to negotiate the sale of assets. Roshen President Viacheslav Moskalevsky owns 13% through the Kondyterinvest investment fund, and four other top managers own 0.5% each.