Tax Service reminds about changes in taxation of banks' profits

The State Tax Service has reminded of changes in the taxation of bank profits.

This is stated in the message of the Tax Service, the Ukrainian News agency reports.

It is noted that since the beginning of 2026, new tax conditions have been introduced for banks, which affect both the income tax rate and the procedure for taking into account losses of previous years.

The basic corporate income tax rate for banks is set at 50 percent from January 1, 2026. The same rate will also apply to the taxation of dividends paid by banks in 2026.

According to the results of tax (reporting) periods in 2026, banks are not entitled to take into account losses of previous years when determining the object of taxation by income tax.

At the same time, such negative amounts, including those formed during 2026, will not be lost. They will reduce the financial result before tax starting from January 1, 2027.

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

However, in 2025, the tax was not raised and banks will pay corporate income tax at the basic rate of 25%.

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

To request a correction, please send an email.