Effective bank tax rate reached 18.8% in 2020 in Colombia, according to the National Central Bank. This is 13.7% more than in the previous year.
Historically, effective bank tax rate in Colombia reached an all time high of 21.0% in 2008 and an all time low of 15.8% in 2006.
Colombia has been ranked 35th within the group of 58 countries we follow in terms of effective bank tax rate.
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