Croatia ranks 38th among 189 countries covered by the report "Paying Taxes 2016", compiled together by PricewaterhouseCoopers (PwC) and the World Bank Group.
The latest report is the tenth edition and it investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes.
In the overall rankings, Croatia is 38th, and the report notes that Croatia's total tax rate is 20%, and 19 payments take 206 hours to be conducted, according to PwC report.
Paying Taxes records the taxes and mandatory contributions that a medium size company must pay in a given year as well as measuring the administrative burden of paying taxes and contributions.
Taxes and contributions measured include corporate income and other profit taxes, social contributions and labour taxes paid by the employer, property taxes, property transfer taxes, dividend tax, capital gains tax, financial transactions tax, waste collection taxes, vehicle and road taxes, and any other small taxes or fees, PwC states on its web site.