World - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in World was 233.36 as of 2019. Its highest value over the past 14 years was 301.97 in 2005, while its lowest value was 233.36 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 301.97
2006 299.96
2007 291.83
2008 276.38
2009 263.02
2010 258.39
2011 253.14
2012 247.53
2013 261.00
2014 257.15
2015 254.87
2016 243.76
2017 238.75
2018 235.04
2019 233.36

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment