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Bank Corporate Income Tax (Local Currency) in Australia

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached AUD 12,800 mil in second quarter of 2021 in Australia, according to the National Central Bank. This is 9.12% more than in the previous quarter.

Historically, bank corporate income tax in Australia reached an all time high of AUD 14,598 mil in 4Q2017 and an all time low of AUD 385 mil in 3Q2008.

Australia has been ranked 10th within the group of 40 countries we follow in terms of bank corporate income tax.

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