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Taxes Around the World

Taxes Around The World

You probably just received your tax forms in the mail. If you think your taxes are complicated, though, imagine a business's tax forms. PrincewaterhouseCoopers recently completed a survey of how easy it is for businesses to pay taxes in every country in the world, based on a variety of categories. The United States ranked 64th out of 183 countries surveyed. Here are, for comparison, the countries with the simplest (and cheapest) and most complicated (and most expensive) tax systems.



A. Number of payments a year

B. House per year spent complying

C. Total tax rate (sum of profit, labor, and consumption taxes)



United States

A. 11

B. 187

C. 46.8%





5 LEAST COMPLICATED TAX SYSTEMS

MALDIVES

A. 3

B. 0

C. 9.3%



QATAR

A. 3

B. 36

C. 11.3%



HONG KONG

A. 3

B. 80

C. 24.1%



SINGAPORE

A. 5

B. 84

C. 25.4%



UNITED ARAB EMERATES

A. 14

B. 12

C. 14.1%





5 MOST COMPLICATED TAX SYSTEMS

CHAD

A. 54

B. 732

C. 65.4%



REP. OF CONGO

A. 61

B. 606

C. 65.5%



UKRAINE

A. 135

B. 657

C. 55.5%



CENTRAL AFRICAN REPUBLIC

A. 54

B. 504

C. 203.8%



BELARUS

A. 82

B. 798

C. 80.4%

Taxes Around the World

shared by judithgold on Oct 04, 2011 in Economy

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Based on a study done by Pricewaterhouse Cooper's, this infographic gives a visual look at the least complicated tax systems across the world and the most complicated ones. It ranks countries tax syst...
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Category: Economy

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GOOD

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Bradley R. Hughes
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