Upper middle income - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Upper middle income was 280.66 as of 2019. Its highest value over the past 14 years was 326.68 in 2006, while its lowest value was 278.30 in 2012.

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 320.24
2006 326.68
2007 318.86
2008 304.14
2009 294.30
2010 288.41
2011 278.46
2012 278.30
2013 324.72
2014 318.32
2015 315.32
2016 298.20
2017 294.89
2018 291.52
2019 280.66

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment