Effective bank tax rate reached 38.9% in 2020 in Israel, according to the National Central Bank. This is 2.79% more than in the previous year.
Historically, effective bank tax rate in Israel reached an all time high of 200% in 2008 and an all time low of 35.0% in 2011.
Israel has been ranked 8th within the group of 58 countries we follow in terms of effective bank tax rate.
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