By KYIV. Dec 6 (Interfax-Ukraine) – President of Ukraine Volodymyr Zelenskyy signed a law on a temporary increase in the bank profit tax rate from 18% to 50% for 2023 and a permanent increase to 25% in subsequent years, which is a requirement of the IMF.
As noted in the card of corresponding bill No. 9656-d, posted on the Verkhovna Rada website, the document was returned to parliament with the signature of the head of state on December 6.
As reported, the Rada adopted this bill at the second and final reading on November 21. The adopted law prohibits banks from attributing losses of previous years to profit in 2023, but from 2024 this will again be possible.
According to the calculations of the Ministry of Finance of Ukraine, this will bring UAH 24-25 billion in 2023 alone, and then UAH 6-7 billion is expected.
