Former Spanish colonies 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 | Bolivia | 1,080 hours | 2006 | ||
2 | Venezuela | 864 hours | 2006 | ||
3 | Argentina | 615 hours | 2006 | ||
4 | Ecuador | 600 hours | 2006 | ||
5 | Panama | 560 hours | 2006 | ||
6 | Mexico | 552 hours | 2006 | ||
7 | Colombia | 456 hours | 2006 | ||
8 | Chile | 432 hours | 2006 | ||
=9 | Peru | 424 hours | 2006 | ||
=9 | Honduras | 424 hours | 2006 | ||
11 | Costa Rica | 402 hours | 2006 | ||
12 | Paraguay | 328 hours | 2006 | ||
13 | Uruguay | 300 hours | 2006 | ||
14 | Guatemala | 294 hours | 2006 | ||
15 | Nicaragua | 240 hours | 2006 | ||
16 | El Salvador | 224 hours | 2006 | ||
17 | Equatorial Guinea | 212 hours | 2006 | ||
18 | Dominican Republic | 178 hours | 2006 | ||
19 | Philippines | 94 hours | 2006 |