Brazil vs Puerto Rico: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Brazil
- Puerto Rico
How they compare
Puerto Rico currently reports 41 DB17-20 methodology against 39 DB17-20 methodology in Brazil, a difference of 2 DB17-20 methodology.
That makes Puerto Rico's figure about 1.1 times Brazil's.
Across all 5 years both countries report, Puerto Rico has been ahead every year.
Brazil ranks 16th and Puerto Rico ranks 15th of 181 countries.
Puerto Rico has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher paying taxes: time to comply with corporate income tax correction, Brazil or Puerto Rico?
- Puerto Rico, at 41 DB17-20 methodology against 39 DB17-20 methodology in Brazil as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Brazil and Puerto Rico?
- 2 DB17-20 methodology, with Puerto Rico ahead.
- How many years of comparable data are there for Brazil and Puerto Rico?
- 5 years are reported by both, from 2015 to 2019.
- How do Brazil and Puerto Rico rank globally for paying taxes: time to comply with corporate income tax correction?
- Brazil ranks 16th and Puerto Rico ranks 15th 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.