Bank profit tax rate will increase from 25% to 50% in 2026

The bank profit tax rate will increase from 25% to 50% in 2026

This is stated in the card of the bill No. 14097, the Ukrainian News agency reports.

The Parliament passed this bill on December 3.

The document envisages an increase in the corporate income tax rate for banks in 2026 to 50% with a simultaneous ban on reducing the financial result before tax by the amount of losses from previous periods.

As the Ukrainian News agency earlier reported, in 2023-2024, the state decided to tax banks' excess profits at the end of the year.

However, this year the tax was not raised and banks will pay corporate income tax at the basic rate of 25%.

Solvent banks in the first ten months of 2025 received UAH 131.7 billion in net profit compared to UAH 125.6 billion in the same period of the previous year.

Solvent banks in the first eleven months of 2025 received UAH 146.401 billion in net profit compared to UAH 131.085 billion in the same period of the previous year.