Decriminalization of porn can add at least 5 billion to the budget

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Decriminalization of pornographic content can bring additional at least UAH 5 billion in revenues to the budget in the form of personal income tax and military levy.

This is stated in articles EP.

Currently, platforms like Onlyfans pay taxes to the budget of Ukraine – value added tax paid by content consumers.

Instead, the income of the creators who sell this content is not taxed. If the income of Ukrainian content creators on Onlyfans is 15.8 billion per year, then their full legalization will potentially bring the budget 3 billion UAH in the form of personal income tax and military duty.

Likewise, no taxes are paid by webcam studios. In case of decriminalization, representatives of this industry are ready to register officially and direct these funds to the budget. If there are 25,000 webcam models working in Ukraine and each of them earns $1,000 a month, then the income from personal income tax and the military levy from these revenues alone could amount to about UAH 2 billion per year.

Read more in the article: Legal “strawberry”. Deputies want to legalize pornography: how it will affect the economy

We remind you:

In the Verkhovna Rada the signature has begun under the draft law on the decriminalization of pornographic content. The document itself is planned to be registered this week.

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