
South Korea: Number of taxes
* indicates monthly or quarterly data series
South Korea |
Number of taxes paid by businesses |
---|---|
Latest value | 12 |
Reference | 2019 |
Measure | taxes |
Source | The World Bank (doing business survey) |
For that indicator, we provide data for South Korea from 2005 to 2019. The average value for South Korea during that period was 13 taxes with a minimum of 11 taxes in 2012 and a maximum of 15 taxes in 2005.
The latest value from 2019 is 12 taxes. For comparison, the world average in 2019 based on 184
countries is 23 taxes.
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Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.