News
Verkhovna Rada Supports 50% Tax Rate on Bank Profits in 2027
The Verkhovna Rada (Ukrainian parliament) has supported a law proposal that would maintain the tax rate on bank profits at 50% for the year 2027. The proposal was supported by 265 deputies, according to Yaroslav Zhelenzhak, the first deputy head of the Tax Committee. The National Bank of Ukraine criticized the proposal, stating that the continuation of the 50% tax rate could hinder the banking sector's ability to support the country during the war and post-war recovery.