Libya vs Malaysia: Paying taxes: Time to comply with corporate income tax correction
Paying taxes: Time to comply with corporate income tax correction over time
- Libya
- Malaysia
How they compare
Libya currently reports 11.5 DB17-20 methodology against 11.25 DB17-20 methodology in Malaysia, a difference of 0.25 DB17-20 methodology.
Across all 5 years both countries report, Libya has been ahead every year.
Libya ranks 66th and Malaysia ranks 69th of 181 countries.
Libya 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, Libya or Malaysia?
- Libya, at 11.5 DB17-20 methodology against 11.25 DB17-20 methodology in Malaysia as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Libya and Malaysia?
- 0.25 DB17-20 methodology, with Libya ahead.
- How many years of comparable data are there for Libya and Malaysia?
- 5 years are reported by both, from 2015 to 2019.
- How do Libya and Malaysia rank globally for paying taxes: time to comply with corporate income tax correction?
- Libya ranks 66th and Malaysia ranks 69th 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.