Korea vs Montenegro: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Korea
- Montenegro
How they compare
Montenegro currently reports 9.5 DB17-20 methodology against 9 DB17-20 methodology in Korea, a difference of 0.5 DB17-20 methodology.
That makes Montenegro's figure about 1.1 times Korea's.
Across all 5 years both countries report, Montenegro has been ahead every year.
Korea ranks 81st and Montenegro ranks 79th of 181 countries.
Montenegro 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, Korea or Montenegro?
- Montenegro, at 9.5 DB17-20 methodology against 9 DB17-20 methodology in Korea as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Korea and Montenegro?
- 0.5 DB17-20 methodology, with Montenegro ahead.
- How many years of comparable data are there for Korea and Montenegro?
- 5 years are reported by both, from 2015 to 2019.
- How do Korea and Montenegro rank globally for paying taxes: time to comply with corporate income tax correction?
- Korea ranks 81st and Montenegro ranks 79th 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.