Belize vs Namibia: Paying taxes: Time to obtain VAT refund (weeks)
Paying taxes: Time to obtain VAT refund (weeks) over time
- Belize
- Namibia
How they compare
Belize currently reports 18.45 DB17-20 methodology against 17.05 DB17-20 methodology in Namibia, a difference of 1.4 DB17-20 methodology.
That makes Belize's figure about 1.1 times Namibia's.
Across all 5 years both countries report, Belize has been ahead every year.
Belize ranks 58th and Namibia ranks 61st of 101 countries.
Belize has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher paying taxes: time to obtain vat refund (weeks), Belize or Namibia?
- Belize, at 18.45 DB17-20 methodology against 17.05 DB17-20 methodology in Namibia as of 2019.
- What is the difference in paying taxes: time to obtain vat refund (weeks) between Belize and Namibia?
- 1.4 DB17-20 methodology, with Belize ahead.
- How many years of comparable data are there for Belize and Namibia?
- 5 years are reported by both, from 2015 to 2019.
- How do Belize and Namibia rank globally for paying taxes: time to obtain vat refund (weeks)?
- Belize ranks 58th and Namibia ranks 61st of 101 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Time to obtain VAT refund (weeks) (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 obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.