Effective bank tax rate reached 17.2% in second quarter of 2021 in Iceland, according to the National Central Bank. This is 16.8% less than in the previous quarter.
Historically, effective bank tax rate in Iceland reached an all time high of 48.0% in 4Q2019 and an all time low of -36.9% in 1Q2020.
Iceland has been ranked 21st within the group of 40 countries we follow in terms of effective bank tax rate.
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