Lower middle income - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Lower middle income was 251.48 as of 2019. Its highest value over the past 14 years was 370.98 in 2006, while its lowest value was 251.48 in 2019.

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 367.89
2006 370.98
2007 369.54
2008 334.38
2009 312.81
2010 305.70
2011 302.69
2012 293.69
2013 293.37
2014 287.30
2015 285.89
2016 266.51
2017 257.97
2018 254.14
2019 251.48

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment