Time to prepare and pay taxes (hours)
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.
Description: The map below shows how Time to prepare and pay taxes (hours) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Brazil, with a value of 2,600.00. The country with the lowest value in the world is United Arab Emirates, with a value of 12.00.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).