Venezuela - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Venezuela was 920.00 as of 2019. Its highest value over the past 14 years was 920.00 in 2019, while its lowest value was 792.00 in 2012.

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 864.00
2006 864.00
2007 864.00
2008 864.00
2009 864.00
2010 864.00
2011 864.00
2012 792.00
2013 792.00
2014 792.00
2015 792.00
2016 792.00
2017 792.00
2018 792.00
2019 920.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment