Effective bank tax rate reached -7.42% in 2020 in Panama, according to the National Central Bank. This is 210% less than in the previous year.
Historically, effective bank tax rate in Panama reached an all time high of 10.1% in 2010 and an all time low of -7.42% in 2020.
Panama has been ranked 57th within the group of 58 countries we follow in terms of effective bank tax rate.
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