Wednesday, June 20, 2018

Ural Airlines designated Yekaterinburg's best taxpayer

The Yekaterinburg Council has awarded Ural Airlines the city's best taxpayer award.

The best taxpayer contest is organized each year by the Yekaterinburg Council in order to honor taxpayers who contribute the most towards the city's development. This year, the city council's board of experts selected 14 candidates for the final round of voting. Out of the 14 companies, six were selected to receive awards recognizing their efforts as taxpayers, reports.

Ural Airlines paid a total of $18.8 million towards the city's budgets and non-budgetary funds in 2011. A large part of the company's tax contribution, $5.8 million, was paid as obligatory retirement insurance, while $5.2 million was in the form of income tax. Customs duties accounted for $4.8 million of the company's tax payments in 2011.

Ural Airlines is based out of Yekaterinburg, and the company's central hub is the Yekaterinburg Koltsovo Airport. The company was founded in 1943 as Sverdlovsk State Air Enterprises and later became part of the Soviet state airline Aeroflot. In 1993, as a result of the split-up of Aeroflot, Ural Airlines became a joint-stock company incorporated under the laws of the Russian Federation.