Lao People's Democratic Republic vs Trinidad and Tobago: Paying taxes: Time to complete a corporate income tax correction
Paying taxes: Time to complete a corporate income tax correction over time
- Lao People's Democratic Republic
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 32.29 DB17-20 methodology against 31.71 DB17-20 methodology in Lao People's Democratic Republic, a difference of 0.58 DB17-20 methodology.
Across all 5 years both countries report, Trinidad and Tobago has been ahead every year.
Lao People's Democratic Republic ranks 20th and Trinidad and Tobago ranks 18th of 181 countries.
Trinidad and Tobago has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher paying taxes: time to complete a corporate income tax correction, Lao People's Democratic Republic or Trinidad and Tobago?
- Trinidad and Tobago, at 32.29 DB17-20 methodology against 31.71 DB17-20 methodology in Lao People's Democratic Republic as of 2019.
- What is the difference in paying taxes: time to complete a corporate income tax correction between Lao People's Democratic Republic and Trinidad and Tobago?
- 0.58 DB17-20 methodology, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Trinidad and Tobago?
- 5 years are reported by both, from 2015 to 2019.
- How do Lao People's Democratic Republic and Trinidad and Tobago rank globally for paying taxes: time to complete a corporate income tax correction?
- Lao People's Democratic Republic ranks 20th and Trinidad and Tobago ranks 18th of 181 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Time to complete a corporate income tax correction (weeks) (DB17-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Time to complete a corporate income tax correction (weeks) (DB17-20 methodology) measures the time to complete a review by the tax authority including a formal tax audit if in 25% or more of cases, a company that voluntarily reports an error in its corporate income tax return and an underpayment of the tax due would be selected for additional review. The component indicator is computed based on the methodology in the DB17-20 studies.