Bank Corporate Income Tax (Local Currency) in Canada

Bank corporate income tax reached CAD 2,304 mil in fourth quarter of 2020 in Canada, according to the National Central Bank. This is 10.9% less than in the previous quarter.

Historically, bank corporate income tax in Canada reached an all time high of CAD 4,437 mil in 1Q2018 and an all time low of CAD 1,280 mil in 2Q2020.

Canada has been ranked 23rd within the group of 57 countries we follow in terms of bank corporate income tax.