Philippines vs Solomon Islands: Paying taxes: Time to comply with corporate income tax correction
Philippines
1.5 DB17-20 methodology
in 2019
Solomon Islands
1.5 DB17-20 methodology
in 2019
Philippines rank
168th
Solomon Islands rank
168th
Paying taxes: Time to comply with corporate income tax correction over time
- Philippines
- Solomon Islands
How they compare
Philippines currently reports 1.5 DB17-20 methodology against 1.5 DB17-20 methodology in Solomon Islands, a difference of 0 DB17-20 methodology.
Across all 5 years both countries report, Solomon Islands has been ahead every year.
Philippines ranks 168th and Solomon Islands ranks 168th of 181 countries.
Frequently asked questions
- Which has higher paying taxes: time to comply with corporate income tax correction, Philippines or Solomon Islands?
- Philippines, at 1.5 DB17-20 methodology against 1.5 DB17-20 methodology in Solomon Islands as of 2019.
- What is the difference in paying taxes: time to comply with corporate income tax correction between Philippines and Solomon Islands?
- 0 DB17-20 methodology, with Philippines ahead.
- How many years of comparable data are there for Philippines and Solomon Islands?
- 5 years are reported by both, from 2015 to 2019.
- How do Philippines and Solomon Islands rank globally for paying taxes: time to comply with corporate income tax correction?
- Philippines ranks 168th and Solomon Islands ranks 168th 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.