Effective bank tax rate reached -3.09% in third quarter of 2016 in Portugal, according to the National Central Bank. This is 108% less than in the previous quarter.
Historically, effective bank tax rate in Portugal reached an all time high of 266% in 4Q2015 and an all time low of -1,262% in 2Q2011.
Portugal has been ranked 76th within the group of 78 countries we follow in terms of effective bank tax rate.
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