Belgium vs Colombia: Paying taxes: Time to comply with corporate income tax correction
Belgium
5.5 DB17-20 methodology
in 2019
Colombia
5.5 DB17-20 methodology
in 2019
Belgium rank
103rd
Colombia rank
103rd
Paying taxes: Time to comply with corporate income tax correction over time
- Belgium
- Colombia
How they compare
Belgium currently reports 5.5 DB17-20 methodology against 5.5 DB17-20 methodology in Colombia, a difference of 0 DB17-20 methodology.
Across all 5 years both countries report, Colombia has been ahead every year.
Belgium ranks 103rd and Colombia ranks 103rd of 181 countries.
Frequently asked questions
- Which has higher paying taxes: time to comply with corporate income tax correction, Belgium or Colombia?
- Belgium, at 5.5 DB17-20 methodology against 5.5 DB17-20 methodology in Colombia as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Belgium and Colombia?
- 0 DB17-20 methodology, with Belgium ahead.
- How many years of comparable data are there for Belgium and Colombia?
- 5 years are reported by both, from 2015 to 2019.
- How do Belgium and Colombia rank globally for paying taxes: time to comply with corporate income tax correction?
- Belgium ranks 103rd and Colombia ranks 103rd of 181 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The time to comply with a corporate income tax correction measures the time spent preparing and submitting the correction, and the time spent preparing information for the tax officers, if, in 25% or more of cases, a company that voluntarily reports an error in its CIT 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.