Euro area - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Euro area was 146.50 as of 2019. Its highest value over the past 14 years was 223.63 in 2005, while its lowest value was 146.50 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 223.63
2006 213.12
2007 206.59
2008 196.17
2009 188.89
2010 183.78
2011 170.21
2012 163.87
2013 163.82
2014 160.13
2015 158.76
2016 151.92
2017 148.25
2018 147.08
2019 146.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment