Sri Lanka - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Sri Lanka was 129.00 as of 2019. Its highest value over the past 14 years was 262.00 in 2011, while its lowest value was 129.00 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 262.00
2006 262.00
2007 262.00
2008 262.00
2009 262.00
2010 262.00
2011 262.00
2012 260.00
2013 215.50
2014 173.00
2015 173.00
2016 168.00
2017 162.00
2018 129.00
2019 129.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment