Hong Kong, China vs Latvia: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Hong Kong, China
- Latvia
How they compare
Hong Kong, China currently reports 2.75 DB17-20 methodology against 2.5 DB17-20 methodology in Latvia, a difference of 0.25 DB17-20 methodology.
That makes Hong Kong, China's figure about 1.1 times Latvia's.
Across all 5 years both countries report, Hong Kong, China has been ahead every year.
Hong Kong, China ranks 150th and Latvia ranks 151st of 181 countries.
Hong Kong, China 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, Hong Kong, China or Latvia?
- Hong Kong, China, at 2.75 DB17-20 methodology against 2.5 DB17-20 methodology in Latvia as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Hong Kong, China and Latvia?
- 0.25 DB17-20 methodology, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Latvia?
- 5 years are reported by both, from 2015 to 2019.
- How do Hong Kong, China and Latvia rank globally for paying taxes: time to comply with corporate income tax correction?
- Hong Kong, China ranks 150th and Latvia ranks 151st 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.