Effective bank tax rate reached 20.8% in 2020 in Iceland, according to the National Central Bank. This is 33.1% less than in the previous year.
Historically, effective bank tax rate in Iceland reached an all time high of 31.0% in 2019 and an all time low of 16.2% in 2015.
Iceland has been ranked 29th within the group of 58 countries we follow in terms of effective bank tax rate.
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