Effective bank tax rate reached 8.99% in 2020 in Montenegro, according to the National Central Bank. This is 2.04% less than in the previous year.
Historically, effective bank tax rate in Montenegro reached an all time high of 42.4% in 2013 and an all time low of -79.5% in 2011.
Montenegro has been ranked 48th within the group of 58 countries we follow in terms of effective bank tax rate.
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