The Verkhovna Rada supported as a whole draft law No. 15262, which provides for maintaining the increased corporate income tax rate for banks for 2027. A total of 303 people's deputies voted for the draft law.
This was reported by People's Deputy Yaroslav Zheleznyak.
What tax will banks pay in 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.
Before the full-scale war, the base corporate income tax rate for banks was 18%. In 2022, it remained unchanged. In 2023, parliament introduced a 50% rate for banks for the first time.
In 2025, banks paid corporate income tax at a rate of 25%. However, at the end of the year, parliament again raised it to 50% for 2026. Now MPs are proposing to keep the increased rate for 2027 as well.
"We are adopting such a decision for the fourth time, and the previous three times were quite successful, as we managed to attract additional funds to the budget from the banking system, which receives super-profits even during the war," the chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Danylo Hetmantsev, said earlier.
Recall that Finance.ua previously reported that the Verkhovna Rada supported in the first reading bill No. 15262, which provides for the extension of the increased corporate income tax rate for banks at 50% for 2027.
The Governor of the National Bank of Ukraine, Andriy Pyshnyy, stated that the introduction in 2027 of a corporate profit tax on banks at a rate of 50% could limit the sector's profitability, weaken its ability to build capital, and restrain lending.
Pyzhnyi stated that unlike in 2023, when the increased tax was introduced for the first time as an exceptional step given the special monetary conditions at that time, lending is regaining its role as a key business for banks. Currently, the NBU is recording the longest period of high lending growth rates in the past 15 years, and the level of credit rates on new business loans is lower than before COVID.