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.

Export to Excel | Local partners | Methodology

View Topic Details

Free Download

Paying Taxes 2010 - The Global Picture - This new report provides data on total tax rates, payment frequency, and the time needed to comply with tax regulations in 183 economies.

Research

The Effect of Corporate Taxes on Investment and Entrepreneurship, by Djankov and others (PDF, 761KB), January 2008

Region or Economy	Payments (number per year)	Time (hours per year)	Profit tax (%)	Labor tax and contributions (%)	Other taxes (%)	Total tax rate (% profit)
OECD	12.8	194.1	16.8	24.4	3.3	44.5
Middle East & North Africa	22.9	204.2	12.7	15.2	5.0	32.9
East Asia & Pacific	24.6	227.2	18.3	10.3	7.5	36.1
South Asia	31.3	284.5	17.9	7.8	14.2	40.0
Sub-Saharan Africa	37.7	306.0	23.9	13.1	30.5	67.5
Eastern Europe & Central Asia	46.3	336.3	10.9	23.1	9.4	43.4
Latin America & Caribbean	33.2	385.2	20.4	14.7	13.2	48.3
Maldives	1	0	0.0	0.0	9.1	9.1
United Arab Emirates	14	12	0.0	14.1	0.0	14.1
Bahrain	25	36	0.0	14.7	0.4	15.0
Qatar	1	36	0.0	11.3	0.0	11.3
Bahamas, the	17	58	0.0	6.1	40.9	47.0
Luxembourg	22	59	4.1	15.3	1.5	20.9
Oman	14	62	9.7	11.8	0.1	21.6
Switzerland	24	63	9.7	16.6	3.3	29.7
New Zealand	8	70	29.4	2.6	0.8	32.8
Macedonia, FYR	40	75	12.1	0.8	3.5	16.4
Ireland	9	76	11.9	12.1	2.5	26.5
Seychelles	16	76	20.8	22.6	0.7	44.1
Saudi Arabia	14	79	2.1	12.4	0.0	14.5
Hong Kong, China	4	80	18.6	5.3	0.3	24.2
Solomon Islands	33	80	24.9	8.5	3.0	36.3
Estonia	10	81	8.1	37.5	3.5	49.1
Singapore	5	84	7.9	14.9	5.0	27.8
Norway	4	87	24.4	15.9	1.3	41.6
St. Lucia	32	92	25.9	5.6	2.9	34.4
Cape Verde	56	100	18.6	18.5	12.6	49.7
Comoros	20	100	31.4	0.0	9.8	41.1
Jordan	26	101	15.1	12.4	3.6	31.1
Swaziland	33	104	28.1	4.0	4.5	36.6
Australia	12	107	25.8	21.0	1.1	48.0
United Kingdom	8	110	21.9	11.0	3.1	35.9
Djibouti	35	114	17.7	17.7	3.3	38.7
Trinidad and Tobago	40	114	21.6	5.8	5.8	33.1
St. Vincent and the Grenadines	32	117	32.5	5.1	3.4	41.0
Kuwait	15	118	4.7	10.7	0.0	15.5
Canada	9	119	23.9	12.5	7.2	43.6
Dominica	38	120	25.9	7.9	3.2	37.0
Kiribati	7	120	23.4	8.5	0.0	31.8
Vanuatu	31	120	0.0	4.5	3.9	8.4
Chad	54	122	31.3	23.9	5.7	60.9
Sweden	2	122	16.4	36.6	1.6	54.6
Marshall Islands	21	128	0.0	11.8	53.0	64.9
Micronesia, Fed. Sts.	21	128	52.0	6.8	0.0	58.7
Palau	19	128	0.0	6.5	66.5	73.0
France	7	132	8.2	51.7	5.9	65.8
Zambia	37	132	1.7	10.4	4.0	16.1
Denmark	9	135	22.0	2.2	5.0	29.2
Botswana	19	140	16.2	0.0	0.9	17.1
Burundi	32	140	19.4	7.8	251.4	278.6
Grenada	30	140	27.6	5.6	12.1	45.3
Iceland	31	140	7.2	12.8	5.1	25.0
Brunei Darussalam	15	144	24.7	5.6	0.0	30.3
Malaysia	12	145	16.5	15.6	2.1	34.2
Belize	40	147	20.4	7.0	1.4	28.9
Cyprus	27	149	9.6	7.1	12.0	28.8
Fiji	33	150	30.8	10.2	0.2	41.2
West Bank and Gaza	27	154	16.2	0.0	0.6	16.8
St. Kitts and Nevis	24	155	32.7	11.3	8.8	52.7
Belgium	11	156	5.3	50.2	1.8	57.3
Malawi	19	157	24.0	1.1	0.7	25.8
Liberia	32	158	0.0	5.4	38.3	43.7
Haiti	42	160	23.3	12.4	4.3	40.1
Rwanda	34	160	21.2	5.7	4.4	31.3
Mauritius	7	161	10.6	5.0	7.3	22.9
Uganda	32	161	23.3	11.3	1.1	35.7
Kosovo	33	163	21.2	5.6	1.5	28.3
Netherlands	9	164	20.7	17.3	1.3	39.3
Tonga	20	164	26.3	0.0	1.2	27.5
Lithuania	12	166	4.1	35.1	3.5	42.7
Austria	22	171	16.1	34.6	4.9	55.5
Tanzania	48	172	19.9	18.0	7.3	45.2
Cambodia	39	173	19.1	0.1	3.5	22.7
Lebanon	19	180	6.1	24.1	0.0	30.2
Sudan	42	180	13.8	19.2	3.1	36.1
United States	10	187	27.9	9.6	8.8	46.3
Mongolia	43	192	9.3	12.4	1.1	22.8
Papua New Guinea	33	194	22.0	11.7	8.6	42.3
Philippines	47	195	24.9	10.3	14.2	49.4
Croatia	17	196	11.4	19.4	1.6	32.5
Germany	16	196	17.4	22.0	5.6	44.9
Ethiopia	19	198	26.8	0.0	4.3	31.1
Suriname	17	199	27.9	0.0	0.0	27.9
South Africa	9	200	24.5	2.4	3.3	30.2
Madagascar	23	201	16.6	20.3	2.3	39.2
Kyrgyz Republic	75	202	3.2	21.4	34.7	59.4
Romania	113	202	8.2	34.2	2.2	44.6
Antigua and Barbuda	56	207	26.0	9.5	6.0	41.5
Colombia	20	208	17.7	33.9	27.1	78.7
Guinea-Bissau	46	208	14.9	24.8	6.1	45.9
Spain	8	213	21.2	35.1	0.5	56.9
Eritrea	18	216	8.8	0.0	75.8	84.5
Puerto Rico	16	218	25.3	12.6	26.9	64.7
Turkey	15	223	17.0	23.1	4.4	44.5
Ghana	33	224	18.1	14.1	0.6	32.7
Greece	10	224	13.9	31.7	1.9	47.4
Honduras	47	224	26.7	10.7	10.9	48.3
Samoa	37	224	11.9	7.0	0.0	18.9
Tajikistan	54	224	17.7	28.5	39.7	85.9
Moldova	48	228	0.0	30.8	0.3	31.1
Tunisia	22	228	15.0	25.2	22.5	62.8
Israel	33	230	24.7	5.3	2.5	32.6
Mozambique	37	230	27.7	4.5	2.1	34.3
Nicaragua	64	240	24.9	19.2	19.2	63.2
Finland	8	243	17.1	29.6	1.0	47.7
Albania	44	244	8.0	31.9	5.1	44.9
Yemen, Rep.	44	248	35.1	11.3	1.4	47.8
Korea, Rep.	14	250	17.1	12.7	2.1	31.9
Sri Lanka	62	256	26.5	16.9	20.3	63.7
Slovak Republic	31	257	7.1	39.6	1.9	48.6
Slovenia	22	260	15.2	19.9	2.4	37.5
Thailand	23	264	29.0	5.7	2.5	37.2
Indonesia	51	266	26.9	10.6	0.1	37.6
Benin	55	270	16.7	32.7	23.9	73.3
Burkina Faso	46	270	16.1	22.6	6.2	44.9
Côte d'Ivoire	66	270	9.0	20.1	15.7	44.7
Mali	58	270	12.9	32.6	6.6	52.1
Niger	41	270	20.1	19.6	6.8	46.5
Togo	53	270	11.1	28.3	13.3	52.7
Zimbabwe	51	270	24.2	5.1	10.1	39.4
India	59	271	25.1	18.2	21.4	64.7
Kazakhstan	9	271	23.5	9.6	2.7	35.9
Angola	31	272	24.6	0.0	28.5	53.2
Gabon	26	272	19.7	22.7	2.3	44.7
Bhutan	18	274	35.0	1.1	4.4	40.6
Afghanistan	8	275	0.0	0.0	36.4	36.4
Timor-Leste	6	276	0.0	0.0	0.2	0.2
Latvia	7	279	2.2	27.2	3.7	33.0
Serbia	66	279	11.6	20.2	2.2	34.0
Taiwan, China	18	281	19.5	16.7	4.2	40.4
Costa Rica	42	282	18.9	29.3	6.6	54.8
Guyana	34	288	26.8	8.8	3.3	38.9
Equatorial Guinea	46	296	13.5	25.4	20.6	59.5
Bangladesh	21	302	25.7	0.0	9.2	35.0
Congo, Dem. Rep.	32	308	58.9	7.9	255.2	322.0
Iraq	13	312	14.9	13.5	0.0	28.4
Chile	10	316	17.9	3.8	3.5	25.3
El Salvador	53	320	17.0	17.2	0.8	35.0
Russian Federation	11	320	10.9	31.8	5.7	48.3
Dominican Republic	9	324	19.3	17.8	1.8	39.0
Lesotho	21	324	14.9	0.0	3.7	18.5
Paraguay	35	328	9.6	18.6	6.7	35.0
Portugal	8	328	14.3	26.8	1.9	42.9
Hungary	14	330	9.1	39.4	8.9	57.5
Italy	15	334	22.9	43.4	2.1	68.4
Syrian Arab Republic	20	336	23.2	0.0	19.7	42.9
Uruguay	53	336	28.3	15.6	2.9	46.7
Nepal	34	338	16.8	11.3	10.7	38.8
Guatemala	24	344	25.9	14.3	0.7	40.9
Iran, Islamic Rep.	22	344	17.9	25.9	0.4	44.2
Japan	13	355	33.9	16.5	5.3	55.7
Uzbekistan	106	356	1.7	27.1	66.1	94.9
Sierra Leone	29	357	0.0	11.3	224.3	235.6
Morocco	28	358	18.1	22.2	1.4	41.7
Lao PDR	34	362	25.2	5.6	2.9	33.7
Montenegro	89	372	8.3	18.8	1.8	28.9
Namibia	37	375	4.0	1.0	4.6	9.6
Azerbaijan	22	376	13.8	24.8	2.2	40.9
Gambia, the	50	376	41.4	12.8	238.2	292.4
Peru	9	380	12.1	11.0	17.2	40.3
Georgia	18	387	13.3	0.0	2.0	15.3
Poland	40	395	17.3	21.9	3.3	42.5
Jamaica	72	414	28.6	13.0	9.7	51.3
Guinea	56	416	21.9	17.3	10.7	49.9
Kenya	41	417	33.1	6.8	9.9	49.7
Bosnia and Herzegovina	51	422	4.9	17.6	4.6	27.1
São Tomé and Principe	42	424	35.5	6.8	4.9	47.2
Algeria	34	451	6.6	29.7	35.7	72.0
Argentina	9	453	2.9	29.4	75.8	108.1
Egypt, Arab Rep.	29	480	13.8	25.6	3.6	43.0
Panama	59	482	17.1	22.6	10.4	50.1
Central African Republic	54	504	176.8	8.1	18.9	203.8
China	7	504	6.3	49.6	7.9	63.8
Mexico	6	517	22.9	26.7	1.3	51.0
Pakistan	47	560	14.3	15.0	2.3	31.6
Ecuador	8	600	18.5	13.7	2.8	34.9
Congo, Rep.	61	606	0.0	32.9	32.6	65.5
Czech Republic	12	613	4.7	39.5	3.0	47.2
Bulgaria	17	616	4.5	22.9	3.9	31.4
Senegal	59	666	14.8	24.1	7.0	46.0
Mauritania	38	696	61.9	17.6	6.6	86.1
Ukraine	147	736	12.3	43.1	1.9	57.2
Venezuela, R.B.	71	864	8.1	18.0	34.9	61.1
Belarus	107	901	22.1	39.6	38.1	99.7
Nigeria	35	938	21.8	9.7	0.7	32.2
Armenia	50	958	12.1	23.0	1.1	36.2
Vietnam	32	1,050	20.6	19.2	0.3	40.1
Bolivia	42	1,080	0.0	15.5	64.6	80.0
Cameroon	41	1,400	27.4	18.3	4.8	50.5
Brazil	10	2,600	21.3	41.3	6.6	69.2

The Doing Business project...

Paying Taxes

View Topic Details

Free Download

Research