On November 11, the Verkhovna Rada adopted bill No. 15262 in the second reading and as a whole, which provides for the extension of the increased income tax on banks in 2027. 303 MPs voted for the decision.

MP Yaroslav Zheleznyak reported the voting results. The adoption of the law is also confirmed by the official bill card on the Verkhovna Rada website.

The document provides for maintaining the income tax rate for banks at 50% in 2027 instead of the base 25%. This increased rate is already in effect in 2026.

In addition, banks will not be able to reduce taxable profit by the amount of losses from previous years during 2027. At the same time, these losses are not canceled— the possibility of their use for tax purposes is postponed to 2028.

Thus, the parliament extended the special tax regime for banks for another year. Previously, it was assumed that after the end of 2026, the tax rate would return to 25%.

The purpose of the legislative initiative is to ensure additional revenues to the state budget in the conditions of significant military expenditures.

According to the chairman of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, the increased rate could provide about 38.5 billion UAH in additional budget revenues in 2027. The relevant funds are already included in the draft state budget.

NBU warned about risks for lending

The National Bank of Ukraine previously issued warnings about another extension of the increased taxation of banks.

NBU Governor Andriy Pyshnyi stated that the 50% rate limits the profitability of the banking sector, reduces the ability of financial institutions to build capital, and could constrain lending to the economy.

According to the regulator, due to the increased tax, the net profit of the banking sector in 2026 has already decreased by about a third in annual terms. Return on equity for eight months was 22%, and among non-state banks — 16%.

NBU estimates that further profit extraction could limit the growth of bank lending to 15-20% per year. The regulator emphasizes that profit remains one of the main sources of bank capital formation, necessary for expanding lending to businesses and households.

Pyshnyi also noted that the increased tax was first introduced in 2023 as an exceptional measure. Since then, the situation has changed: lending is recovering, and banks increasingly depend on the ability to direct earned funds to the development of their activities.

The bill passed the final vote

As previously reported by "Kurs Ukrainy", on October 27, the Verkhovna Rada supported bill No. 15262 in the first reading. Then 265 MPs voted for the document.

On November 5, the relevant parliamentary committee recommended adopting the bill in the second reading and as a whole.

After the vote on November 11, the document passed the parliamentary stage of review and is being prepared for signing. For the law to enter into force, it must be signed by the President of Ukraine and officially published.

Based on materials from: Yaroslav Zheleznyak, Verkhovna Rada of Ukraine, National Bank of Ukraine