Honduras 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
- Honduras
- Lao People's Democratic Republic
How they compare
Honduras currently reports 17 DB17-20 methodology against 16 DB17-20 methodology in Lao People's Democratic Republic, a difference of 1 DB17-20 methodology.
That makes Honduras's figure about 1.1 times Lao People's Democratic Republic's.
Across all 5 years both countries report, Honduras has been ahead every year.
Honduras ranks 47th and Lao People's Democratic Republic ranks 50th of 181 countries.
Honduras 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, Honduras or Lao People's Democratic Republic?
- Honduras, at 17 DB17-20 methodology against 16 DB17-20 methodology in Lao People's Democratic Republic as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Honduras and Lao People's Democratic Republic?
- 1 DB17-20 methodology, with Honduras ahead.
- How many years of comparable data are there for Honduras and Lao People's Democratic Republic?
- 5 years are reported by both, from 2015 to 2019.
- How do Honduras and Lao People's Democratic Republic rank globally for paying taxes: time to comply with corporate income tax correction?
- Honduras ranks 47th 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.