Mexico vs Panama: Paying taxes: Time to complete a corporate income tax correction
Paying taxes: Time to complete a corporate income tax correction over time
- Mexico
- Panama
How they compare
Panama currently reports 99.29 DB17-20 methodology against 87.14 DB17-20 methodology in Mexico, a difference of 12.15 DB17-20 methodology.
That makes Panama's figure about 1.1 times Mexico's.
Across all 5 years both countries report, Panama has been ahead every year.
Mexico ranks 4th and Panama ranks 3rd of 181 countries.
Panama 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, Mexico or Panama?
- Panama, at 99.29 DB17-20 methodology against 87.14 DB17-20 methodology in Mexico as of 2019.
- What is the difference in paying taxes: time to complete a corporate income tax correction between Mexico and Panama?
- 12.15 DB17-20 methodology, with Panama ahead.
- How many years of comparable data are there for Mexico and Panama?
- 5 years are reported by both, from 2015 to 2019.
- How do Mexico and Panama rank globally for paying taxes: time to complete a corporate income tax correction?
- Mexico ranks 4th and Panama ranks 3rd 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.