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Americans spend 7.1 billion hours annually on tax compliance activities.
The time spent on tax compliance costs the U.S. economy approximately $388 billion annually in lost productivity.
Americans spend nearly $150 billion annually on out-of-pocket tax filing costs, such as software and accountants.
The total cost of tax compliance in the U.S., including time and out-of-pocket expenses, amounts to approximately 1.8% of the country's GDP.
The compliance costs associated with the U.S. estate tax are approximately equal to the $20 billion in revenue it generates annually.
A Tax Foundation poll found that 88% of Americans, across political affiliations, believe the U.S. tax code needs reform.
In Estonia, the average time to file personal income taxes is three minutes.
In Estonia, 99% of tax declarations were submitted electronically in the most recent year.
One-third of all tax declarations in Estonia are submitted via a "one-click" process.
In Estonia, 38% of tax declarations were submitted using mobile phones.
Estonia's tax system has been ranked number one for 12 consecutive years by the International Tax Competitiveness Index.
Estonia has a 22% flat tax rate for both individuals and businesses.