Brazilians Work More to Pay Taxes: Daily

By Lisa Flueckiger, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A study by the Inter-American Development Bank (IADB) shows that Brazilian companies need to work more than their counterparts around the world to pay their taxes. A middle-sized company has to work 2,600 hours to be able to afford its contributions to the government, according to data from the international organization.

The study compiled a ranking of almost all countries in the world, comparing the time it takes companies to generate the revenue to Subscribe to our Premium Membership Plan. Already Subscribed?