Effective bank tax rate reached 23.6% in fourth quarter of 2020 in the United Kingdom, according to the National Central Bank. This is 5.59% less than in the previous quarter.
Historically, effective bank tax rate in the United Kingdom reached an all time high of 102% in 4Q2012 and an all time low of -249% in 4Q2013.
United Kingdom has been ranked 30th within the group of 57 countries we follow in terms of effective bank tax rate.
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