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Bank Corporate Income Tax (Local Currency) in Israel

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached ILS 4,752 mil in 2020 in Israel, according to the National Central Bank. This is 21.9% less than in the previous year.

Historically, bank corporate income tax in Israel reached an all time high of ILS 6,120 mil in 2016 and an all time low of ILS 881 mil in 2008.

Israel has been ranked 29th within the group of 58 countries we follow in terms of bank corporate income tax.

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