Taxation rules of the bank profits have changed from January 1, 2026

Since the beginning of 2026, the new tax conditions have been introduced for banks, which affect both the income tax rate and procedure for taking into account losses from previous years.

Basic income tax rate for banks is set at the 50 percent from January 1, 2026. The same rate will apply to dividends paid by banks throughout 2026.

Based on the results of tax (reporting) periods of 2026, banks do not have a right to take into account losses from previous years determining the income taxation object.

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

For reference.

Law of Ukraine № 4698-IX as of 03.12.2025 "On amendments to the Tax Code of Ukraine and other Laws of Ukraine regarding taxation peculiarities of banks with corporate income tax in 2026 and postponement of deadlines for implementation of the electronic system for circulation of alcoholic beverages, tobacco products and liquids used in electronic cigarettes".