IBRD only - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in IBRD only was 289.25 as of 2019. Its highest value over the past 14 years was 395.38 in 2006, while its lowest value was 289.25 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 390.88
2006 395.38
2007 391.43
2008 360.73
2009 348.37
2010 337.48
2011 328.70
2012 316.34
2013 341.70
2014 334.12
2015 329.07
2016 310.64
2017 301.58
2018 298.43
2019 289.25

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment