Low income - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Low income was 275.76 as of 2019. Its highest value over the past 14 years was 305.87 in 2005, while its lowest value was 273.33 in 2018.

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 305.87
2006 295.38
2007 292.04
2008 287.83
2009 276.38
2010 280.00
2011 284.81
2012 285.76
2013 285.42
2014 284.94
2015 281.80
2016 277.44
2017 276.26
2018 273.33
2019 275.76

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment