Effective bank tax rate reached -0.737% in second quarter of 2021 in Panama, according to the National Central Bank. This is 154% less than in the previous quarter.
Historically, effective bank tax rate in Panama reached an all time high of 12.6% in 2Q2010 and an all time low of -257% in 4Q2020.
Panama has been ranked 39th within the group of 40 countries we follow in terms of effective bank tax rate.
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