Poroshenko's income over UAH 368 mln in 2014, UAH 18 mln of taxes paid
The income of Ukrainian President Petro Poroshenko in 2014 exceeded UAH 368 million, the presidential press service reported on Tuesday, citing his income and tax declaration.
"The total comprehensive income of Petro Poroshenko for 2014 equals UAH 368,943,679 and that of his family equals UAH 36,000. Dividends and interest constitute UAH 345,670; revenue from the alienation of securities and corporate rights equals UAH 11,253,718; revenue from the sale of property equals UAH 961,780," reads the report.
Poroshenko paid every relevant tax on his dividends, bank deposits interest, and other revenues under 2014 Tax Code rates. The total amount of the taxes he paid was UAH 17,941,932.
As usual, Poroshenko's salary in 2014 was donated to charity. The overall sum of his charitable donations in 2014 was UAH 123,166,037.
The press service said that the decision on the accrual and payment of dividends to Poroshenko was made by the investment fund's assets management company at the beginning of 2014 before he stood in the presidential elections. Dividends were calculated under the results of the investment fund's activity in 2013 and in the previous years.
"Poroshenko funds certain expenses related to the implementation of his presidential duties at his own cost. In particular, this concerns the cost of fuel for flights to remote countries like Singapore or Australia. In addition, Poroshenko independently funded his election campaign as presidential candidate from his own income received in 2014 transparently, complying with the principle of independence from any extraneous sponsors," the press service said.
Poroshenko's declaration of income for 2014 includes all his available movable and immovable assets. His ownership of land, houses, apartments, vehicles etc. has not changed.
In addition, Poroshenko has UAH 451,925,060 held in his bank accounts.