Lesotho vs Luxembourg: Paying taxes: Time to complete a corporate income tax correction
Paying taxes: Time to complete a corporate income tax correction over time
- Lesotho
- Luxembourg
How they compare
Lesotho currently reports 5.57 DB17-20 methodology against 4.29 DB17-20 methodology in Luxembourg, a difference of 1.28 DB17-20 methodology.
That makes Lesotho's figure about 1.3 times Luxembourg's.
Across all 5 years both countries report, Lesotho has been ahead every year.
Lesotho ranks 73rd and Luxembourg ranks 76th of 181 countries.
Lesotho 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, Lesotho or Luxembourg?
- Lesotho, at 5.57 DB17-20 methodology against 4.29 DB17-20 methodology in Luxembourg as of 2019.
- What is the difference in paying taxes: time to complete a corporate income tax correction between Lesotho and Luxembourg?
- 1.28 DB17-20 methodology, with Lesotho ahead.
- How many years of comparable data are there for Lesotho and Luxembourg?
- 5 years are reported by both, from 2015 to 2019.
- How do Lesotho and Luxembourg rank globally for paying taxes: time to complete a corporate income tax correction?
- Lesotho ranks 73rd and Luxembourg ranks 76th 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.