FACTOID # 3: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Taxation Statistics > Time to prepare and pay taxes > hours > United States (historical data)

VIEW DATA:   Values  
Definition     Source      Printable version   
Date   Amount    Rank   
2009   187    #112   
2008   187    #114   
2007   325    #58   
2006   325    #59   
2005   325    #59   


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/).
   
 

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