NOT SO TAXING (India does well on ease of payments and not so badly on most tax rates) | |||||
No. of hours to pay tax | Total Tax Rate (%) | ||||
Corporate | Labour | Others | Average | ||
Brazil | 2600 | 21.1 | 40.6 | 7.5 | 69.2 |
Russia | 448 | 14.0 | 31.8 | 5.7 | 51.4 |
India | 271 | 19.6 | 18.4 | 32.5 | 70.6 |
China | 872 | 19.9 | 46.0 | 8.0 | 73.9 |
UK | 105 | 21.3 | 11.3 | 3.2 | 35.7 |
USA | 325 | 27.1 | 9.6 | 9.5 | 46.2 |
Korea | 290 | 18.3 | 11.4 | 5.2 | 34.9 |
Malaysia | 166 | 19.1 | 15.6 | 1.4 | 36.0 |
Indonesia | 266 | 26.6 | 10.6 | 0.1 | 37.3 |
Source: Paying Taxes 2008, World Bank/PricewaterhouseCoopers |