Effective bank tax rate reached 2.30% in first quarter of 2021 in United Arab Emirates, according to the National Central Bank. This is 45.6% less than in the previous quarter.
Historically, effective bank tax rate in United Arab Emirates reached an all time high of 13.3% in 4Q2011 and an all time low of -2.50% in 4Q2019.
United Arab Emirates has been ranked 46th within the group of 49 countries we follow in terms of effective bank tax rate.
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