Top Countries in Terms Of Ease & Difficulty In Paying Taxes
All over the world, the tax rates, number of taxes and the way it is settled greatly varies. For example, people in Sweden file their tax declarations online using only a single form that covers corporate income tax, value added tax, labor tax, etc.. This is in sharp contrast to the Republic of Congo where corporate income tax alone requires a 50 page form. There are a number of other taxes in the African state with each tax needing an almost equal number of forms to be accomplished.
Here’s the listing of the top and worst states in terms of ease and difficulty of paying taxes:
Easiest/Rank
1. Maldives
2. Singapore
3. Hong Kong, China
4. United Arab Emirates
5. Oman
6. Ireland
7. Saudi Arabia
8. Kuwait
9. New Zealand
10. Kiribati
Most difficult/Rank
169. Panama
170. Jamaica
171. Mauritania
172. Bolivia
173. Gambia
174. Venezuela
175. Central African
178. Republic
179. Congo, Rep.
180. Ukraine
181. Belarus
Source: Paying Taxes 2008, The Global Picture, PriceWaterhouseCoopers
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