Parliamentary Committee Endorses 50% Bank Profit Tax Increase for 2026

The Parliamentary Committee on Finance, Taxation, and Customs Policy has endorsed draft law No. 14097, which would significantly increase the bank profit tax from 25% to 50% beginning in 2026. This proposed legislation also seeks to eliminate the practice of banks offsetting current financial results against past losses, a move that committee head Danylo Hetmantsev highlighted via his Telegram channel.