Belarus takes 63rd place in ranking Paying Taxes 2016

Belarustook the 63rd place in the ranking of the tax burden Paying Taxes 2016. The rating of 189 economies around the world was prepared by the World Bank and an audit company. The ranking takes into account the tax burden, the number of payments and the required number of hours for their payment. Thus, the average tax burden inBelarusamounted to 51.8%, with an average in the world at 40.8%.Belarusensured its high place in the rating due to the low number of payments and the time required for preparation of statements.