Middle income - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Middle income was 265.52 as of 2019. Its highest value over the past 14 years was 349.77 in 2006, while its lowest value was 265.52 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 345.34
2006 349.77
2007 345.28
2008 319.90
2009 303.85
2010 297.33
2011 290.96
2012 286.23
2013 308.45
2014 302.22
2015 300.05
2016 281.75
2017 275.73
2018 272.13
2019 265.52

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment