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Pornhub will now pay VAT in Ukraine, and monobank promised "indefinite 20% cashback" on porn site for Getmantsev

Pornhub will now pay VAT in Ukraine, and monobank promised "indefinite 20% cashback" on porn site for Getmantsev
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The company MindGeek (or Aylo), which owns the porn site Pornhub, has become a taxpayer in Ukraine.

"The company that owns the PornHub service has finally registered as a VAT payer as a provider of electronic services," - reported the chairman of the committee of the Verkhovna Rada of Ukraine on financial, tax and customs policy Daniil Getmantsev.

The founder of monobank, Oleg Gorokhovsky, immediately reacted to the news:

"On the occasion of this truly significant event for the Ukrainian handjob community, monobank will set an indefinite 20% cashback on Pornhub for Getmantsev," - joked Gorokhovsky in his Telegram channel.

It is worth recalling that in December of last year, the State Tax Service of Ukraine imposed a fine on the owner of Pornhub in the amount of $5,543 for non-payment of the "Google tax".

Another social network with intimate content - the British OnlyFans - already pays taxes in Ukraine. In just the first quarter of 2024, the site contributed $0.7 million to the Ukrainian budget - almost as much as it paid for the entire previous year.

In the first quarter of 2024, 17 new non-resident taxpayers who provide electronic services in Ukraine were added. As of today, according to Getmantsev, a total of 78 (out of 105) taxpayers have declared their tax obligations in the amount of 2.4 billion hryvnias (25.5 million euros and $32.6 million).

Among the largest VAT payers among digital service providers who declared and paid over 2 billion hryvnias before the deadline were Google, Apple, Meta, and Valve.

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