East Asia and Pacific 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 | Vietnam | 1,050 hours | 2006 | ||
| 2 | China | 872 hours | 2006 | ||
| 3 | East Timor | 640 hours | 2006 | ||
| 4 | Indonesia | 576 hours | 2006 | ||
| 5 | Japan | 350 hours | 2006 | ||
| 6 | South Korea | 290 hours | 2006 | ||
| 7 | Samoa | 224 hours | 2006 | ||
| 8 | Mongolia | 204 hours | 2006 | ||
| 9 | Papua New Guinea | 198 hours | 2006 | ||
| 10 | Malaysia | 190 hours | 2006 | ||
| 11 | Laos | 180 hours | 2006 | ||
| 12 | Tonga | 164 hours | 2006 | ||
| 13 | Fiji | 145 hours | 2006 | ||
| =14 | Palau | 128 hours | 2006 | ||
| =14 | Federated States of Micronesia | 128 hours | 2006 | ||
| =14 | Marshall Islands | 128 hours | 2006 | ||
| 17 | Cambodia | 121 hours | 2006 | ||
| =18 | Vanuatu | 120 hours | 2006 | ||
| =18 | Kiribati | 120 hours | 2006 | ||
| 20 | Australia | 107 hours | 2006 | ||
| 21 | Thailand | 104 hours | 2006 | ||
| 22 | Philippines | 94 hours | 2006 | ||
| 23 | Solomon Islands | 80 hours | 2006 | ||
| 24 | New Zealand | 70 hours | 2006 | ||
| 25 | Singapore | 30 hours | 2006 |
Citation
Interesting observations about Government > Time to prepare and pay taxes > Hours
- Brazil ranked first for time to prepare and pay taxes > hours amongst Hot countries in 2006.
- Nigeria ranked first for time to prepare and pay taxes > hours amongst Muslim countries in 2006.
- Ukraine ranked first for time to prepare and pay taxes > hours amongst Europe in 2006.
- Czech Republic ranked first for time to prepare and pay taxes > hours amongst High income OECD countries in 2006.
- Malawi ranked first for time to prepare and pay taxes > hours amongst Heavily indebted countries in 2006.
- Cameroon ranked first for time to prepare and pay taxes > hours amongst Sub-Saharan Africa in 2006.
- Vietnam ranked first for time to prepare and pay taxes > hours amongst East Asia and Pacific in 2006.
- China ranked third for time to prepare and pay taxes > hours amongst Emerging markets in 2006.
- Germany ranked second last for time to prepare and pay taxes > hours amongst Group of 7 countries (G7) in 2006.
- Belarus ranked first for time to prepare and pay taxes > hours amongst Landlocked countries in 2006.
