Nicaragua - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Nicaragua was 201.00 as of 2019. Its highest value over the past 14 years was 240.00 in 2009, while its lowest value was 201.00 in 2016.

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 240.00
2006 240.00
2007 240.00
2008 240.00
2009 240.00
2010 222.00
2011 207.00
2012 207.00
2013 207.00
2014 207.00
2015 207.00
2016 201.00
2017 201.00
2018 201.00
2019 201.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment