IDA blend - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in IDA blend was 253.19 as of 2019. Its highest value over the past 14 years was 294.12 in 2007, while its lowest value was 248.69 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 286.42
2006 291.04
2007 294.12
2008 292.80
2009 263.96
2010 257.77
2011 257.77
2012 254.69
2013 268.59
2014 261.79
2015 261.39
2016 259.83
2017 250.89
2018 248.69
2019 253.19

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment