Paying Taxes

This topic addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The table below shows the main indicators. They include:
  • total number of tax payments per year
  • time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year)
  • amount of taxes on profits paid by the business as a percentage of commercial profits
  • amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits. This amount include mandatory social security contributions paid by the employer both to public and private entities, as well as other taxes or contributions related to employing workers.
  • amount of taxes and mandatory contributions paid by the business that are not already included in the previous 2 categories
  • total amount of taxes and mandatory contributions payable by the business
To see the details for a specific economy, use the dropdown box on the right or click on the links below. Click on column headers to sort data.

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Paying Taxes 2008 - The Global Picture - This new report provides data on total tax rates, payment frequency, and the time needed to comply with tax regulations in 178 economies.

Research

The Effect of Corporate Taxes on Investment and Entrepreneurship, by Djankov and others (PDF, 761KB), January 2008
Region or EconomyPayments (number)Time (hours)Profit tax (%)Labor tax and contributions (%)Other taxes (%)Total tax rate (% profit)
East Asia & Pacific27.4271.518.210.59.838.5
Eastern Europe & Central Asia46.3451.511.228.710.850.8
Latin America & Caribbean39.4406.621.814.511.748.0
Middle East & North Africa25.1236.814.716.55.236.4
OECD15.1183.320.022.83.446.2
South Asia30.6305.519.57.514.341.4
Sub-Saharan Africa38.7321.221.413.333.368.0
Afghanistan62750.00.035.535.5
Albania4424017.724.54.646.8
Algeria334518.828.035.772.6
Angola3127224.69.019.553.2
Antigua and Barbuda4518431.29.56.246.8
Argentina196156.029.477.5112.9
Armenia501,12012.123.41.136.6
Australia1210726.922.21.550.6
Austria2217015.134.55.054.6
Azerbaijan3895213.824.82.340.9
Bangladesh1740030.30.09.239.5
Belarus1241,18812.444.187.9144.4
Belgium111565.457.11.864.3
Belize4114721.67.02.230.8
Benin5527016.732.723.973.3
Bhutan1927434.21.14.439.8
Bolivia411,0800.015.562.778.1
Bosnia and Herzegovina5136821.517.25.444.1
Botswana1914017.00.00.217.2
Brazil112,60021.140.67.569.2
Brunei1514431.85.60.037.4
Bulgaria176166.626.63.536.7
Burkina Faso4527019.022.67.448.9
Burundi3214017.77.8253.3278.7
Cambodia2713719.10.03.522.6
Cameroon411,40028.718.34.951.9
Canada911926.012.37.645.9
Cape Verde5710022.018.513.554.0
Central African Republic54504176.88.118.9203.8
Chad5412231.323.98.563.7
Chile1031618.33.83.825.9
China3587219.946.08.073.9
Colombia6926824.732.725.082.4
Comoros2010027.20.021.648.8
Congo, Dem. Rep.323080.07.9221.9229.8
Congo, Rep.896060.032.932.665.4
Costa Rica4340219.829.36.655.7
Côte d'Ivoire662709.720.115.745.4
Croatia2819611.419.41.732.5
Czech Republic129305.939.53.248.6
Denmark913528.02.52.733.3
Djibouti3511417.717.73.338.7
Dominica3814726.17.93.137.1
Dominican Republic7428628.69.52.040.2
Ecuador860018.813.72.835.3
Egypt3671113.228.85.847.9
El Salvador6622416.017.20.633.8
Equatorial Guinea4521216.625.420.262.2
Eritrea182168.80.075.884.5
Estonia10819.338.31.649.2
Ethiopia2019826.80.04.331.1
Fiji3314028.210.20.238.5
Finland2026917.029.71.047.8
France231328.352.15.866.3
Gabon2827219.722.71.844.2
Gambia5037641.412.9232.4286.7
Georgia2938714.122.62.038.6
Germany1619621.621.77.550.8
Ghana3230418.414.10.432.9
Greece2126415.131.71.948.6
Grenada3014027.65.612.145.3
Guatemala393442.614.320.637.5
Guinea5641621.817.310.749.9
Guinea-Bissau4620814.924.86.145.9
Guyana3428826.98.83.339.0
Haiti5316023.312.44.340.0
Honduras4742429.610.711.151.4
Hong Kong, China48018.65.30.624.4
Hungary243407.939.47.955.1
Iceland311408.413.45.427.2
India6027119.618.432.570.6
Indonesia5126626.610.60.137.3
Iran2229218.425.93.047.4
Iraq1331211.113.50.024.7
Ireland97614.212.12.628.9
Israel3323027.75.92.436.0
Italy1536030.843.22.276.2
Jamaica7241428.613.09.751.3
Japan1335033.214.54.452.0
Jordan2610115.112.43.631.1
Kazakhstan927116.117.82.936.7
Kenya4143232.56.811.650.9
Kiribati712023.48.50.031.8
Korea4829018.311.45.234.9
Kuwait141183.710.70.014.4
Kyrgyz Republic752023.023.734.761.4
Lao PDR3467227.05.62.935.5
Latvia72192.227.23.332.6
Lebanon1918011.424.10.035.4
Lesotho2234217.60.03.320.8
Liberia371580.05.476.381.6
Lithuania241668.335.24.948.3
Luxembourg225816.716.71.935.3
Macedonia, FYR529613.133.23.549.8
Madagascar2623823.420.32.846.5
Malawi3037030.41.10.732.2
Malaysia3516619.115.61.436.0
Maldives100.00.09.19.1
Mali5827013.331.56.751.4
Marshall Islands211280.011.853.064.9
Mauritania386960.017.689.9107.5
Mauritius716110.83.67.321.7
Mexico2755222.426.91.951.2
Micronesia211280.06.852.058.7
Moldova4921810.531.61.944.0
Mongolia4220414.822.61.138.4
Montenegro883729.320.02.331.6
Morocco2835829.721.51.853.1
Mozambique3723027.74.52.134.3
Namibia37not available18.50.08.026.5
Nepal3340820.011.31.332.5
Netherlands918026.015.81.643.4
New Zealand87032.12.40.635.1
Nicaragua6424024.819.219.263.2
Niger4227014.819.68.042.4
Nigeria351,12019.49.70.729.9
Norway48724.915.91.342.0
Oman14629.711.80.121.6
Pakistan4756025.812.62.340.7
Palau191280.06.566.573.0
Panama5948218.420.911.550.8
Papua New Guinea3320622.210.98.641.7
Paraguay353289.718.67.035.3
Peru942427.411.82.341.5
Philippines4719525.310.017.652.8
Poland4141812.723.62.138.4
Portugal832815.226.82.844.8
Puerto Rico1614012.412.619.344.3
Romania9620210.933.92.146.9
Russia2244814.031.85.751.4
Rwanda3416820.25.77.933.8
Samoa3722412.87.00.019.8
São Tomé and Principe4142436.96.87.451.0
Saudi Arabia14792.112.40.014.5
Senegal5969614.824.17.046.0
Serbia6627911.720.23.935.8
Seychelles167622.425.40.548.4
Sierra Leone223990.011.3222.2233.5
Singapore5496.314.12.823.2
Slovakia313449.039.71.850.5
Slovenia2226014.322.02.939.2
Solomon Islands338021.28.53.032.6
South Africa1135024.24.38.637.1
Spain829823.737.60.862.0
Sri Lanka6225626.516.920.463.7
St. Kitts and Nevis2417232.711.38.652.6
St. Lucia327127.85.63.536.9
St. Vincent and the Grenadines367637.63.93.445.0
Sudan421809.319.23.131.6
Suriname1719927.90.00.027.9
Swaziland3310428.14.04.536.6
Sweden212216.536.41.754.5
Switzerland24638.417.23.629.1
Syria2133626.219.31.346.7
Taiwan, China2334019.417.04.240.6
Tajikistan5422417.728.236.382.2
Tanzania4817220.218.06.144.3
Thailand3526428.65.73.537.7
Timor-Leste1564027.80.00.628.3
Togo5327013.228.36.648.2
Tonga2316423.80.01.225.0
Trinidad and Tobago4011421.65.85.833.1
Tunisia4626813.924.622.561.0
Turkey1522315.924.54.745.1
Uganda3323715.711.35.332.3
Ukraine992,08512.243.41.857.3
United Arab Emirates14120.014.10.314.4
United Kingdom810521.311.33.235.7
United States1032527.19.69.546.2
Uruguay5330430.86.92.940.7
Uzbekistan1181961.228.266.996.3
Vanuatu311200.04.53.98.4
Venezuela7086412.225.116.053.3
Vietnam321,05021.519.20.341.1
West Bank and Gaza2715416.40.00.617.1
Yemen3224823.910.27.341.4
Zambia371321.710.44.016.1
Zimbabwe522569.34.739.053.0