Former Spanish colonies Compared by Economy > Tax > 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 | Bolivia | 1,080 | 2009 | ||
| 2 | Venezuela | 864 | 2009 | ||
| 3 | Ecuador | 600 | 2009 | ||
| 4 | Mexico | 517 | 2009 | ||
| 5 | Equatorial Guinea | 492 | 2009 | ||
| 6 | Panama | 482 | 2009 | ||
| 7 | Argentina | 453 | 2009 | ||
| 8 | Peru | 380 | 2009 | ||
| 9 | Guatemala | 344 | 2009 | ||
| 10 | Uruguay | 336 | 2009 | ||
| 11 | Paraguay | 328 | 2009 | ||
| 12 | Dominican Republic | 324 | 2009 | ||
| 13 | El Salvador | 320 | 2009 | ||
| 14 | Chile | 316 | 2009 | ||
| 15 | Costa Rica | 282 | 2009 | ||
| 16 | Nicaragua | 240 | 2009 | ||
| 17 | Honduras | 224 | 2009 | ||
| 18 | Colombia | 208 | 2009 | ||
| 19 | Philippines | 195 | 2009 |
