Paying taxes: Time to comply with corporate income tax correction in Iceland
Iceland: Paying taxes: Time to comply with corporate income tax correction was 3.75 DB17-20 methodology in 2019. ▬ Flat
Paying taxes: Time to comply with corporate income tax correction in Iceland, 2015–2019
Source: World Bank. Measured in DB17-20 methodology.
Analysis
The most recent figure for paying taxes: time to comply with corporate income tax correction in Iceland is 3.75 DB17-20 methodology, measured in 2019. That is the highest value across all 5 years on record.
The figure is unchanged over five years.
Iceland ranks 125th of 181 countries on this measure, in the middle of the range.
Paying taxes: Time to comply with corporate income tax correction in Iceland, year by year
| Year | DB17-20 methodology | Change |
|---|---|---|
| 2015 | 3.75 DB17-20 methodology | — |
| 2016 | 3.75 DB17-20 methodology | +0.0% |
| 2017 | 3.75 DB17-20 methodology | +0.0% |
| 2018 | 3.75 DB17-20 methodology | +0.0% |
| 2019 | 3.75 DB17-20 methodology | +0.0% |
Countries ranked near Iceland
- 126 Armenia 3.5 DB17-20 methodology compare
- 126 Barbados 3.5 DB17-20 methodology compare
- 126 Bhutan 3.5 DB17-20 methodology compare
- 126 Cape Verde 3.5 DB17-20 methodology compare
- 126 France 3.5 DB17-20 methodology compare
- 126 Greece 3.5 DB17-20 methodology compare
- 126 Mongolia 3.5 DB17-20 methodology compare
- 126 Netherlands 3.5 DB17-20 methodology compare
- 126 Viet Nam 3.5 DB17-20 methodology compare
- 126 Zimbabwe 3.5 DB17-20 methodology compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is paying taxes: time to comply with corporate income tax correction in Iceland?
- Paying taxes: time to comply with corporate income tax correction in Iceland was 3.75 DB17-20 methodology in 2019, according to the World Bank.
- What is the highest paying taxes: time to comply with corporate income tax correction recorded in Iceland?
- The highest recorded value was 3.75 DB17-20 methodology in 2015.
- What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Iceland?
- The lowest recorded value was 3.75 DB17-20 methodology in 2015.
- How does Iceland rank for paying taxes: time to comply with corporate income tax correction?
- Iceland ranks 125th out of 181 countries with data for 2019.
- Where does this Iceland data come from?
- The figures come from the World Bank, published as part of Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology). Statizoid updates them automatically from the source API.
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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.