Iceland vs Viet Nam: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Iceland
- Viet Nam
How they compare
Iceland currently reports 3.75 DB17-20 methodology against 3.5 DB17-20 methodology in Viet Nam, a difference of 0.25 DB17-20 methodology.
That makes Iceland's figure about 1.1 times Viet Nam's.
Across all 5 years both countries report, Iceland has been ahead every year.
Iceland ranks 125th and Viet Nam ranks 126th of 181 countries.
Iceland 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, Iceland or Viet Nam?
- Iceland, at 3.75 DB17-20 methodology against 3.5 DB17-20 methodology in Viet Nam as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Iceland and Viet Nam?
- 0.25 DB17-20 methodology, with Iceland ahead.
- How many years of comparable data are there for Iceland and Viet Nam?
- 5 years are reported by both, from 2015 to 2019.
- How do Iceland and Viet Nam rank globally for paying taxes: time to comply with corporate income tax correction?
- Iceland ranks 125th and Viet Nam ranks 126th 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.