Paying Taxes 2014: The global picture

Paying Taxes 2014, the eighth edition of our joint annual report with the World Bank and IFC, is a unique study which investigates and compares tax regimes across 189 economies worldwide, ranking them according to the relative ease of paying taxes. Paying Taxes looks not only at corporate income tax, but at all of the taxes and mandatory contributions that a domestic medium-size case study company must pay. It considers the full impact of all these taxes in terms of both their tax cost and their compliance burden on business.

As in previous years, the report is expected to be a catalyst for some interesting debate with tax authorities, governments, and business around tax systems and how they can be reformed. Paying Taxes 2014 continues to focus on the trends from the data included in the study. The analysis looks at this from a regional perspective and this year we have taken a more detailed look at the trends for the types of tax within each of the sub-indicators. This has provided some interesting findings around how governments are choosing to levy taxes.

The value that the Paying Taxes study brings lies in the ability to compare and contrast the 189 economies within relevant peer groups. The analyses in this publication offer the ability to do this for a particular set of geographical areas drawing out relevant themes and issues, but we would urge you to make use of the comparative modeller tool for the opportunity to create the groupings that are of most use and interest to you.

The objectives of the study are to:

  • provide data which can be compared between economies on a like for like basis;
  • facilitate the benchmarking of tax systems within relevant economic and geographical groupings, which can provide an opportunity to learn from peer group economies;
  • enable an in‑depth analysis of the results which can be used to help identify good practices and possible reforms, and
  • to generate robust data on tax systems around the world, including how they have changed, which can be used to inform the development of good tax policy.