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Emerging markets Compared by Economy > Entrepreneurship > Paying Taxes > Index ranking

DEFINITION: Doing Business records the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. Taxes are measured at all levels of government and include the corporate income tax, the personal income tax withheld by the company, the value added tax or sales tax, property taxes, property transfer taxes, the dividend tax, the capital gains tax, the financial transactions tax, waste collection taxes and vehicle and road taxes. To measure the tax paid by a standardized business and the complexity of a country’s tax law, a case study is prepared with a set of financial statements and assumptions about transactions made over the year. Experts in each country compute the taxes owed for their jurisdiction based on the standardized case facts. Information on the frequency of filing, audits and other costs of compliance is also compiled. The project is developed and implemented in cooperation with PricewaterhouseCoopers. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Ukraine 151 2005
2 Colombia 148 2005
3 Venezuela 145 2005
4 Argentina 143 2005
5 Brazil 140 2005
6 Peru 133 2005
7 Pakistan 127 2005
8 China 119 2005
9 Indonesia 118 2005
10 Romania 116 2005
11 Poland 106 2005
12 India 103 2005
13 Hungary 98 2005
14 Mexico 95 2005
15 South Africa 84 2005
16 Latvia 83 2005
17 Philippines 80 2005
18 Bulgaria 78 2005
19 Turkey 66 2005
20 Chile 63 2005
21 Russia 52 2005
22 Thailand 34 2005
23 Lithuania 31 2005
24 Malaysia 19 2005
25 Estonia 18 2005

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Emerging markets Compared by Economy > Entrepreneurship > Paying Taxes > Index ranking

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