Emerging markets Compared by Government > Time to prepare and pay taxes > Hours
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.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Brazil | 2,600 hours | 2006 | ||
2 | Ukraine | 2,185 hours | 2006 | ||
3 | China | 872 hours | 2006 | ||
4 | Venezuela | 864 hours | 2006 | ||
5 | Bulgaria | 616 hours | 2006 | ||
6 | Argentina | 615 hours | 2006 | ||
7 | Indonesia | 576 hours | 2006 | ||
8 | Pakistan | 560 hours | 2006 | ||
9 | Mexico | 552 hours | 2006 | ||
10 | Colombia | 456 hours | 2006 | ||
11 | Chile | 432 hours | 2006 | ||
12 | Peru | 424 hours | 2006 | ||
13 | South Africa | 350 hours | 2006 | ||
14 | Latvia | 320 hours | 2006 | ||
15 | Hungary | 304 hours | 2006 | ||
16 | India | 264 hours | 2006 | ||
17 | Russia | 256 hours | 2006 | ||
18 | Turkey | 254 hours | 2006 | ||
19 | Romania | 198 hours | 2006 | ||
20 | Malaysia | 190 hours | 2006 | ||
21 | Poland | 175 hours | 2006 | ||
22 | Lithuania | 162 hours | 2006 | ||
=23 | Thailand | 104 hours | 2006 | ||
=23 | Estonia | 104 hours | 2006 | ||
25 | Philippines | 94 hours | 2006 |