Dominican Republic vs Trinidad and Tobago: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Dominican Republic
- Trinidad and Tobago
How they compare
Dominican Republic currently reports 59.5 DB17-20 methodology against 54 DB17-20 methodology in Trinidad and Tobago, a difference of 5.5 DB17-20 methodology.
That makes Dominican Republic's figure about 1.1 times Trinidad and Tobago's.
Across all 5 years both countries report, Dominican Republic has been ahead every year.
Dominican Republic ranks 9th and Trinidad and Tobago ranks 11th of 181 countries.
Dominican 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, Dominican Republic or Trinidad and Tobago?
- Dominican Republic, at 59.5 DB17-20 methodology against 54 DB17-20 methodology in Trinidad and Tobago as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Dominican Republic and Trinidad and Tobago?
- 5.5 DB17-20 methodology, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Trinidad and Tobago?
- 5 years are reported by both, from 2015 to 2019.
- How do Dominican Republic and Trinidad and Tobago rank globally for paying taxes: time to comply with corporate income tax correction?
- Dominican Republic ranks 9th and Trinidad and Tobago ranks 11th 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.