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Bank Corporate Income Tax (Local Currency) in Panama

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached PAB -55.2 mil in 2020 in Panama, according to the National Central Bank. This is 154% less than in the previous year.

Historically, bank corporate income tax in Panama reached an all time high of PAB 123 mil in 2017 and an all time low of PAB -55.2 mil in 2020.

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

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