Bank Corporate Income Tax (Local Currency) in Malaysia

Bank corporate income tax reached MYR 5,913 mil in 2020 in Malaysia, according to the National Central Bank. This is 32.7% less than in the previous year.

Historically, bank corporate income tax in Malaysia reached an all time high of MYR 8,784 mil in 2019 and an all time low of MYR 2,566 mil in 2005.

Malaysia has been ranked 27th within the group of 58 countries we follow in terms of bank corporate income tax.