Paying taxes: Time to comply with corporate income tax correction in Maldives
Maldives: Paying taxes: Time to comply with corporate income tax correction was 7 DB17-20 methodology in 2019. ▼ Falling
Paying taxes: Time to comply with corporate income tax correction in Maldives, 2015–2019
Source: World Bank. Measured in DB17-20 methodology.
Analysis
In 2019, paying taxes: time to comply with corporate income tax correction in Maldives stood at 7 DB17-20 methodology. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 30.0% over five years.
Maldives ranks 90th of 181 countries on this measure, in the middle of the range.
Paying taxes: Time to comply with corporate income tax correction in Maldives, year by year
| Year | DB17-20 methodology | Change |
|---|---|---|
| 2015 | 10 DB17-20 methodology | — |
| 2016 | 10 DB17-20 methodology | +0.0% |
| 2017 | 10 DB17-20 methodology | +0.0% |
| 2018 | 7 DB17-20 methodology | -30.0% |
| 2019 | 7 DB17-20 methodology | +0.0% |
Countries ranked near Maldives
More reference data data for Maldives
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0011 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0044 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 1.16 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.012 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0004 (2050)
Frequently asked questions
- What is paying taxes: time to comply with corporate income tax correction in Maldives?
- Paying taxes: time to comply with corporate income tax correction in Maldives was 7 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 Maldives?
- The highest recorded value was 10 DB17-20 methodology in 2015.
- What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Maldives?
- The lowest recorded value was 7 DB17-20 methodology in 2018.
- How does Maldives rank for paying taxes: time to comply with corporate income tax correction?
- Maldives ranks 90th out of 181 countries with data for 2019.
- Where does this Maldives 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.