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Non-religious countries 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 Netherlands 120 2005
2 China 119 2005
3 Azerbaijan 110 2005
4 Vietnam 107 2005
5 Austria 72 2005
6 Czech Republic 70 2005
7 Turkey 66 2005
8 Japan 50 2005
9 Sweden 38 2005
10 France 35 2005
11 Australia 14 2005
12 Canada 12 2005
13 Hong Kong 2 2005

Citation

Non-religious countries Compared by Economy > Entrepreneurship > Paying Taxes > Index ranking

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Interesting observations about Economy > Entrepreneurship > Paying Taxes > Index ranking

  • Ukraine ranked first for entrepreneurship > paying taxes > index ranking amongst Christian countries in 2005.
  • Netherlands ranked first for entrepreneurship > paying taxes > index ranking amongst High income OECD countries in 2005.
  • China ranked first for entrepreneurship > paying taxes > index ranking amongst East Asia and Pacific in 2005.
  • Mauritania ranked first for entrepreneurship > paying taxes > index ranking amongst Hot countries in 2005.
  • Colombia ranked first for entrepreneurship > paying taxes > index ranking amongst Catholic countries in 2005.
  • Belarus ranked first for entrepreneurship > paying taxes > index ranking amongst Europe in 2005.
  • Albania ranked first for entrepreneurship > paying taxes > index ranking amongst NATO countries in 2005.
  • United States ranked second last for entrepreneurship > paying taxes > index ranking amongst Group of 7 countries (G7) in 2005.
  • Algeria ranked second for entrepreneurship > paying taxes > index ranking amongst Muslim countries in 2005.
  • Jamaica ranked first for entrepreneurship > paying taxes > index ranking amongst Former British colonies in 2005.
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