Paying taxes: Time to complete a corporate income tax correction in Lao People's Democratic Republic

Lao People's Democratic Republic: Paying taxes: Time to complete a corporate income tax correction was 31.71 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
31.71 DB17-20 methodology
Change on year
unchanged
World rank
20th
of 181 countries
All-time high
31.71 DB17-20 methodology
in 2015
All-time low
31.71 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to complete a corporate income tax correction in Lao People's Democratic Republic, 2015–2019

01020302015201720192015: 31.7 DB17-20 methodology2016: 31.7 DB17-20 methodology2017: 31.7 DB17-20 methodology2018: 31.7 DB17-20 methodology2019: 31.7 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

In 2019, paying taxes: time to complete a corporate income tax correction in Lao People's Democratic Republic stood at 31.71 DB17-20 methodology. That is the highest value across all 5 years on record.

Compared with earlier readings it is unchanged over five years.

That places Lao People's Democratic Republic 20th out of 181 countries with data for 2019, putting it in the top quarter.

Paying taxes: Time to complete a corporate income tax correction in Lao People's Democratic Republic, year by year

Annual values for Paying taxes: Time to complete a corporate income tax correction (weeks) (DB17-20 methodology) in Lao People's Democratic Republic, 2015 to 2019.
Year DB17-20 methodology Change
2015 31.71 DB17-20 methodology
2016 31.71 DB17-20 methodology +0.0%
2017 31.71 DB17-20 methodology +0.0%
2018 31.71 DB17-20 methodology +0.0%
2019 31.71 DB17-20 methodology +0.0%

Countries ranked near Lao People's Democratic Republic

  1. 17 Afghanistan 33.14 DB17-20 methodology compare
  2. 18 Trinidad and Tobago 32.29 DB17-20 methodology compare
  3. 18 Venezuela, Bolivarian Republic of 32.29 DB17-20 methodology compare
  4. 21 South Africa 31.57 DB17-20 methodology compare
  5. 22 Peru 30.57 DB17-20 methodology compare
  6. 23 Norway 29.14 DB17-20 methodology compare

See the full ranking of 181 places →

More reference data data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is paying taxes: time to complete a corporate income tax correction in Lao People's Democratic Republic?
Paying taxes: time to complete a corporate income tax correction in Lao People's Democratic Republic was 31.71 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to complete a corporate income tax correction recorded in Lao People's Democratic Republic?
The highest recorded value was 31.71 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to complete a corporate income tax correction recorded in Lao People's Democratic Republic?
The lowest recorded value was 31.71 DB17-20 methodology in 2015.
How does Lao People's Democratic Republic rank for paying taxes: time to complete a corporate income tax correction?
Lao People's Democratic Republic ranks 20th out of 181 countries with data for 2019.
Where does this Lao People's Democratic Republic data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to complete a corporate income tax correction (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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Paying taxes: Time to complete a corporate income tax correction in Lao People's Democratic Republic. Statizoid. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-complete-a-corporate-income-tax-correction-weeks-db17-20-methodology/lao-pdr/

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About this data

Indicator
Paying taxes: Time to complete a corporate income tax correction (weeks) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 905 data points, 2015–2019
Last refreshed

Time to complete a corporate income tax correction (weeks) (DB17-20 methodology) measures the time to complete a review by the tax authority including a formal tax audit if in 25% or more of cases, a company that voluntarily reports an error in its corporate income tax 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.