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Bank Corporate Income Tax (Local Currency) in Australia

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached AUD 9,348 mil in 2020 in Australia, according to the National Central Bank. This is 22.9% less than in the previous year.

Historically, bank corporate income tax in Australia reached an all time high of AUD 14,598 mil in 2017 and an all time low of AUD 4,420 mil in 2008.

Australia has been ranked 23rd within the group of 58 countries we follow in terms of bank corporate income tax.

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