Banks are setting a record for paying income taxes. Since the beginning of the year, we have paid 50 billion UAH. This is reported by the Ministry of Finance.
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Banks paid 49.7 billion UAH in tax for profit in January-March 2024, of which in March alone – UAH 23.5 billion.
In 2023, Ukrainian banks paid UAH 73.5 billion in profit tax, which is 10 times more than for 2022 and 11.5 times more than in 2021. In the fall of 2023, Ukraine was forced to introduce taxation of banks' excess profits at increased rates. For 2023, the rate was 50%, for 2024 it was reduced to 25%.
In total, the state budget received 60 billion UAH of tax on the profits of enterprises and banks last month.
