Iceland vs Lithuania: Paying taxes: Time to comply with VAT refund (hours)
Paying taxes: Time to comply with VAT refund (hours) over time
- Iceland
- Lithuania
How they compare
Iceland currently reports 3 DB17-20 methodology against 2.1 DB17-20 methodology in Lithuania, a difference of 0.9 DB17-20 methodology.
That makes Iceland's figure about 1.4 times Lithuania's.
Across all 5 years both countries report, Iceland has been ahead every year.
Iceland ranks 82nd and Lithuania ranks 85th of 102 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 vat refund (hours), Iceland or Lithuania?
- Iceland, at 3 DB17-20 methodology against 2.1 DB17-20 methodology in Lithuania as of 2019.
- What is the difference in paying taxes: time to comply with vat refund (hours) between Iceland and Lithuania?
- 0.9 DB17-20 methodology, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lithuania?
- 5 years are reported by both, from 2015 to 2019.
- How do Iceland and Lithuania rank globally for paying taxes: time to comply with vat refund (hours)?
- Iceland ranks 82nd and Lithuania ranks 85th of 102 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Time to comply with VAT refund (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 VAT refund measures the time spent preparing and submitting the refund claim and the time spent preparing information for the tax officers, if, in 50% or more of cases, a company that requests a VAT cash refund arising from a capital purchase would be selected for an additional review. The component indicator is computed based on the methodology in the DB17-20 studies.