High income - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in High income was 144.49 as of 2019. Its highest value over the past 14 years was 200.12 in 2005, while its lowest value was 141.16 in 2018.

Definition: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 200.12
2006 192.95
2007 181.99
2008 181.13
2009 170.71
2010 165.62
2011 161.20
2012 151.99
2013 152.72
2014 151.75
2015 149.61
2016 148.73
2017 143.81
2018 141.16
2019 144.49

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment