Lao People's Democratic Republic vs Peru: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Lao People's Democratic Republic
- Peru
How they compare
Peru currently reports 16.5 DB17-20 methodology against 16 DB17-20 methodology in Lao People's Democratic Republic, a difference of 0.5 DB17-20 methodology.
Across all 5 years both countries report, Peru has been ahead every year.
Lao People's Democratic Republic ranks 50th and Peru ranks 49th of 181 countries.
Peru 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, Lao People's Democratic Republic or Peru?
- Peru, at 16.5 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 Lao People's Democratic Republic and Peru?
- 0.5 DB17-20 methodology, with Peru ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Peru?
- 5 years are reported by both, from 2015 to 2019.
- How do Lao People's Democratic Republic and Peru rank globally for paying taxes: time to comply with corporate income tax correction?
- Lao People's Democratic Republic ranks 50th and Peru ranks 49th 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.
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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.