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A World Bank study has listed Jamaica among the countries where it is most difficult to pay taxes.
The findings were released Tuesday following a study conducted by the international accounting firm, PriceWaterhouse Coopers.
Jamaica was included in a list of 10 economies where the taxation system received a failing grade.
Some of the other countries at the bottom of the scale were Panama and Mauritania.
Oil-producing countries such as Oman, Saudi Arabia and Kuwait were in the top 10.
Other top performers were Singapore, Hong Kong and New Zealand.
To create the report, PricewaterhouseCoopers asked its branches in 178 countries to analyze how much tax would fall on a small company.
An assessment was also done on how much effort it would take to pay these taxes.
The findings were released Tuesday following a study conducted by the international accounting firm, PriceWaterhouse Coopers.
Jamaica was included in a list of 10 economies where the taxation system received a failing grade.
Some of the other countries at the bottom of the scale were Panama and Mauritania.
Oil-producing countries such as Oman, Saudi Arabia and Kuwait were in the top 10.
Other top performers were Singapore, Hong Kong and New Zealand.
To create the report, PricewaterhouseCoopers asked its branches in 178 countries to analyze how much tax would fall on a small company.
An assessment was also done on how much effort it would take to pay these taxes.
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