Effective bank tax rate reached -14.6% in 2012 in Luxembourg, according to the National Central Bank. This is 1,904% less than in the previous year.
Historically, effective bank tax rate in Luxembourg reached an all time high of 632% in 2008 and an all time low of -64.2% in 2009.
Luxembourg has been ranked 105th within the group of 108 countries we follow in terms of effective bank tax rate.
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