Republic of Korea vs Sweden: Paying taxes: Time to obtain VAT refund (weeks)
Paying taxes: Time to obtain VAT refund (weeks) over time
- Republic of Korea
- Sweden
How they compare
Republic of Korea currently reports 8.64 DB17-20 methodology against 8.17 DB17-20 methodology in Sweden, a difference of 0.47 DB17-20 methodology.
That makes Republic of Korea's figure about 1.1 times Sweden's.
Across all 5 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 85th and Sweden ranks 86th of 102 countries.
Republic of Korea 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), Republic of Korea or Sweden?
- Republic of Korea, at 8.64 DB17-20 methodology against 8.17 DB17-20 methodology in Sweden as of 2019.
- What is the difference in paying taxes: time to obtain vat refund (weeks) between Republic of Korea and Sweden?
- 0.47 DB17-20 methodology, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Sweden?
- 5 years are reported by both, from 2015 to 2019.
- How do Republic of Korea and Sweden rank globally for paying taxes: time to obtain vat refund (weeks)?
- Republic of Korea ranks 85th and Sweden ranks 86th of 102 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.