Bank Corporate Income Tax (Local Currency) in Malaysia

Bank corporate income tax reached MYR 2,250 mil in second quarter of 2021 in Malaysia, according to the National Central Bank. This is 3.80% less than in the previous quarter.

Historically, bank corporate income tax in Malaysia reached an all time high of MYR 2,648 mil in 4Q2013 and an all time low of MYR 993 mil in 2Q2020.

Malaysia has been ranked 17th within the group of 40 countries we follow in terms of bank corporate income tax.