Indicator Definition:
The time to comply with tax laws measures the time taken to prepare, ?le and pay three major types of taxes and contributions: the corporate income tax, value added or sales tax and labor taxes, including payroll taxes and social contributions.
The indicator "Paying taxes: Time (hours per year)" stands at 207.00 as of 12/31/2019.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.97 percent compared to the value the year prior.
The 1 year change in percent is 1.97.
The 3 year change in percent is -0.9569.
The 5 year change in percent is -0.9569.
The 10 year change in percent is 6.98.
| Measure | Realization |
| Indicator Name: | Paying taxes: Time (hours per year) |
| Indicator Source: | | macro-rankings.com |
| Indicator Description: | The time to comply with tax laws measures the time taken to prepare, ?le and pay three major types of taxes and contributions: the corporate income tax, value added or sales tax and labor taxes, including payroll taxes and social contributions. |
| Observations Date: | 12/31/2005 |