On Wednesday, November 11, the Rada extended the 50% profit tax for banks; the Verkhovna Rada also supported the prosecutor's office reform.
50% profit tax for banks
The Verkhovna Rada supported in its entirety bill No. 15262, which provides for the retention of the increased corporate income tax rate for banks for 2027. The document provides that in 2027 banks will pay corporate income tax at a rate of 50%. At the same time, they will be prohibited from reducing the financial result before taxation by the amount of losses from previous periods.
The Verkhovna Rada supported the reform of the prosecutor's office
The draft law is aimed at fulfilling the tasks identified by the Government as part of implementing the commitments undertaken by Ukraine in the process of European integration. Details here.
For small businesses, the bankruptcy procedure will be simplified
Micro and small businesses will be able to go through bankruptcy proceedings faster and at lower cost. On November 11, the Verkhovna Rada adopted bill No. 15024, which introduces a separate simplified mechanism for small enterprises.
How business uses AI in its work
The NBU conducted a quarterly survey of enterprises regarding their business expectations. Does business use artificial intelligence to improve its own efficiency? This was written by the NBU, which asked entrepreneurs themselves about it — TOP-10 conclusions here.
Old 50 and 200 UAH banknotes
The NBU refuted reports about the alleged withdrawal from circulation of 50 and 200 hryvnia banknotes of the old design. The regulator explained that they are being gradually replaced with banknotes of the new design.
The NBU also changed the procedure for issuing currency licenses.
Today the regulator also issued a new commemorative coin. Photo and video.
????By the way, very soon the conference "Living on Interest" will bring together Ukrainian investors to figure out how to earn stable passive income and which assets to choose in 2027. The event will take place on November 14 in two formats — live in Kyiv and online.
????Join "Living on Interest" this Saturday. It will be substantive and 100% useful!
Best pension systems
A reliable pension system is not only the size of payments, but also guarantees that the money for pensions will be there in the future. In the 2026 global ranking, the best results were shown by the Netherlands, Denmark, and Iceland.
Suspension of metallurgy due to russian strikes
The shutdown of Ukrainian metallurgy due to the devastating strikes by Russian aggressors will have a destructive "domino effect" on the entire economy, because the mining and metallurgical complex (MMC) is the backbone of all production, exports, and infrastructure.
➡️ In this article, we examined the role of metallurgy in shaping GDP, export revenues, tax payments, and also traced the industry's interconnections with energy, the extractive industry, railway logistics, ports, and small business — Halting metallurgy due to russian strikes: on the consequences for Ukraine's economy
????The dollar exchange rate could update its record, affecting the finances of every Ukrainian. Find out what to expect from the currency market in the near future.
????️In the new episode, we analyze the current dollar exchange rate and the factors driving its dynamics. In the video, we examine how political decisions in the US caused gold and silver prices to rise, and we also assess the impact of oil on global financial indicators.