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 |
