Canada vs Lao People's Democratic Republic: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Canada
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 16 DB17-20 methodology against 15 DB17-20 methodology in Canada, a difference of 1 DB17-20 methodology.
That makes Lao People's Democratic Republic's figure about 1.1 times Canada's.
Across all 5 years both countries report, Lao People's Democratic Republic has been ahead every year.
Canada ranks 51st and Lao People's Democratic Republic ranks 50th of 181 countries.
Lao People's Democratic Republic 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, Canada or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 16 DB17-20 methodology against 15 DB17-20 methodology in Canada as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Canada and Lao People's Democratic Republic?
- 1 DB17-20 methodology, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Canada and Lao People's Democratic Republic?
- 5 years are reported by both, from 2015 to 2019.
- How do Canada and Lao People's Democratic Republic rank globally for paying taxes: time to comply with corporate income tax correction?
- Canada ranks 51st and Lao People's Democratic Republic ranks 50th 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.