Article Published In Vol.12 (May-June 2024)

The Impact of Corporate Income Tax on Bank Profitability

Author : Kishibay Ramatullaevich Kudiyarov

This article examines theoretical and empirical research on the impact of corporate profit tax on bank profitability. In the conducted empirical studies, it was determined that there is a positive correlation between the corporate tax and the profitability of commercial banks, and its statistical significance is high. It has been confirmed that corporate income tax paid by banks will be passed on to their counterparties and affect pre-tax profits. As a result of the analysis, relevant conclusions were formed.

Keywords: bank, profit, profitability, taxation, corporate income tax