(measure: hours; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
South Korea: Tax preparation time, in hours
For that indicator, The World Bank (doing business survey) provides data for South Korea from 2005 to 2019. The average value for South Korea during that period was 223 hours with a minimum of 174 hours in 2019 and a maximum of 290 hours in 2005.
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Definition: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.