Effective bank tax rate reached 1.97% in second quarter of 2021 in Latvia, according to the National Central Bank. This is 19.7% less than in the previous quarter.
Historically, effective bank tax rate in Latvia reached an all time high of 540% in 3Q2011 and an all time low of -96.5% in 4Q2017.
Latvia has been ranked 37th within the group of 40 countries we follow in terms of effective bank tax rate.
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