Bank Corporate Income Tax (Local Currency) in Canada

Bank corporate income tax reached CAD 9,225 mil in 2020 in Canada, according to the National Central Bank. This is 27.9% less than in the previous year.

Historically, bank corporate income tax in Canada reached an all time high of CAD 14,140 mil in 2018 and an all time low of CAD 683 mil in 1992.

Canada has been ranked 24th within the group of 58 countries we follow in terms of bank corporate income tax.