Time to prepare and pay taxes reached 174 hours in 2019 in South Korea, according to the National Statistical Office. This is 7.45% less than in the previous year.
Historically, time to prepare and pay taxes in South Korea reached an all time high of 290 hours in 2007 and an all time low of 174 hours in 2019.
South Korea has been ranked 106th within the group of 171 countries we follow in terms of time to prepare and pay taxes.
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