Effective bank tax rate reached 36.1% in first quarter of 2021 in Israel, according to the National Central Bank. This is 9.94% less than in the previous quarter.
Historically, effective bank tax rate in Israel reached an all time high of 57.5% in 4Q2016 and an all time low of 30.9% in 3Q2013.
Israel has been ranked 9th within the group of 49 countries we follow in terms of effective bank tax rate.
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