Effective bank tax rate reached 20.3% in second quarter of 2021 in Malaysia, according to the National Central Bank. This is 36.7% less than in the previous quarter.
Historically, effective bank tax rate in Malaysia reached an all time high of 32.2% in 4Q2013 and an all time low of 12.5% in 2Q2020.
Malaysia has been ranked 19th within the group of 40 countries we follow in terms of effective bank tax rate.
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