The Verkhovna Rada Committee on Finance, Tax and Customs Policy recommended that the parliament adopt as a basis Bill No. 14097, which proposes to temporarily increase the tax rate on bank profits to 50% in 2026. As explained by the head of the committee, Danylo Getmantsev, additional taxation of banks in 2023–2024 made it possible to partially cover the growing costs of the security and defense sector.
“2025 was an exception – this temporary measure did not work. But in preparing for the 2026 budget, the state is once again faced with the need for additional resources for the army, without shifting the burden onto citizens or businesses in the real sector, ” – Hetmantsev noted.
The draft law provides for the temporary establishment of a 50% profit tax rate for banks in 2026 and a ban on reducing the financial result before taxation by the amount of losses from previous periods. According to estimates, this could provide revenues of UAH 15–23 billion in 2026 and another UAH 5 billion in 2027, said Yaroslav Zheleznyak, the first deputy chairman of the committee. The document is scheduled to be considered in parliament on October 21–24, together with the 2026 Budget.
Danylo Hetmantsev explained that this is not about ordinary business, but about banks that received record profits during wartime due to high interest rates, transactions with government securities, and the state policy of supporting financial stability. The temporary measure is intended to direct part of these excess profits to defense needs.
