Brazil is the country of the world in which companies need to work more hours to pay taxes, according to a World Bank study. According to the ranking, the average company has to work 2600 hours to pay taxes, putting the country in the 183th position in the world ranking – the last place.
On average, companies in Latin America and the Caribbean have to work 503 hours to pay taxes in the region. Latin countries best placed in the survey are Belize and Colombia, where companies spend 147 and 208 working hours on payment.
