It's a jungle out there

摘要

ATYPICAL company in Congo with a gross profit margin of 20% faces a tax bill equivalent to 340% of profits. Some survive by slipping the tax collector a few Congolese francs to look the other way. This is nice for tax collectors, but not so good for Congo. Its spirit of enterprise is throttled at birth by ridiculous rules. Every year since 2003 the International Finance Corporation (part of. the World Bank) has compiled a report on red tape around the world. "Doing Business 2012", which was published on October 20th, reports progress on several fronts.