Effective bank tax rate reached 19.0% in 2020 in Malaysia, according to the National Central Bank. This is 10.1% less than in the previous year.
Historically, effective bank tax rate in Malaysia reached an all time high of 23.8% in 2013 and an all time low of 19.0% in 2020.
Malaysia has been ranked 33rd within the group of 58 countries we follow in terms of effective bank tax rate.
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