Effective bank tax rate reached 41.5% in 2020 in Sri Lanka, according to the National Central Bank. This is 21.5% less than in the previous year.
Historically, effective bank tax rate in Sri Lanka reached an all time high of 53.0% in 2019 and an all time low of 38.6% in 2012.
Sri Lanka has been ranked 6th within the group of 58 countries we follow in terms of effective bank tax rate.
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