Thursday, January 7, 2016

30 percent of corporate income goes on taxes. 20 different duties are paid yearly


The aggregate corporate tax rate was 30 percent, which represents the total of all taxes borne as a percentage of commercial profit. The time to comply with all tax formalities was 183 hours. The total tax rate reflected all taxes and contributions that a standardized medium-sized domestic company pays within a specific year, according to 'The Ease of Paying Taxes in the World', a report published by PriceWaterhouseCoopers (PWC) and the World Bank (WB). Taxes and contributions that local medium...

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