Latin America and Caribbean 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 | Brazil | 2,600 | 2009 | ||
| 2 | Bolivia | 1,080 | 2009 | ||
| 3 | Venezuela | 864 | 2009 | ||
| 4 | Ecuador | 600 | 2009 | ||
| 5 | Mexico | 517 | 2009 | ||
| 6 | Panama | 482 | 2009 | ||
| 7 | Argentina | 453 | 2009 | ||
| 8 | Jamaica | 414 | 2009 | ||
| 9 | Peru | 380 | 2009 | ||
| 10 | Guatemala | 344 | 2009 | ||
| 11 | Uruguay | 336 | 2009 | ||
| 12 | Paraguay | 328 | 2009 | ||
| 13 | Dominican Republic | 324 | 2009 | ||
| 14 | El Salvador | 320 | 2009 | ||
| 15 | Chile | 316 | 2009 | ||
| 16 | Guyana | 288 | 2009 | ||
| 17 | Costa Rica | 282 | 2009 | ||
| 18 | Nicaragua | 240 | 2009 | ||
| 19 | Honduras | 224 | 2009 | ||
| 20 | Trinidad and Tobago | 210 | 2009 | ||
| 21 | Colombia | 208 | 2009 | ||
| 22 | Antigua and Barbuda | 207 | 2009 | ||
| 23 | Suriname | 199 | 2009 | ||
| 24 | Haiti | 160 | 2009 | ||
| 25 | Saint Kitts and Nevis | 155 | 2009 | ||
| 26 | Belize | 147 | 2009 | ||
| 27 | Grenada | 140 | 2009 | ||
| 28 | Dominica | 120 | 2009 | ||
| 29 | Saint Vincent and the Grenadines | 117 | 2009 | ||
| 30 | Saint Lucia | 92 | 2009 | ||
| 31 | The Bahamas | 58 | 2009 |
Citation
Interesting observations about Economy > Tax > Time to prepare and pay taxes > Hours
- Brazil ranked first for tax > time to prepare and pay taxes > hours amongst Hot countries in 2009.
- Nigeria ranked first for tax > time to prepare and pay taxes > hours amongst Muslim countries in 2009.
- Bulgaria ranked first for tax > time to prepare and pay taxes > hours amongst European Union in 2009.
- Bolivia ranked second for tax > time to prepare and pay taxes > hours amongst Christian countries in 2009.
- Czech Republic ranked first for tax > time to prepare and pay taxes > hours amongst High income OECD countries in 2009.
- Belarus ranked first for tax > time to prepare and pay taxes > hours amongst Europe in 2009.
- Pakistan ranked second for tax > time to prepare and pay taxes > hours amongst Former British colonies in 2009.
- Vietnam ranked first for tax > time to prepare and pay taxes > hours amongst Former French colonies in 2009.
- Jamaica ranked second for tax > time to prepare and pay taxes > hours amongst Heavily indebted countries in 2009.
- Ukraine ranked second for tax > time to prepare and pay taxes > hours amongst Cold countries in 2009.