Paying taxes: Time to comply with corporate income tax correction in Philippines
Philippines: Paying taxes: Time to comply with corporate income tax correction was 1.5 DB17-20 methodology in 2019. ▬ Flat
Paying taxes: Time to comply with corporate income tax correction in Philippines, 2015–2019
Source: World Bank. Measured in DB17-20 methodology.
Analysis
In 2019, paying taxes: time to comply with corporate income tax correction in Philippines stood at 1.5 DB17-20 methodology. That is the highest value across all 5 years on record.
That represents a change of unchanged over five years.
That places Philippines 168th out of 181 countries with data for 2019, putting it in the bottom quarter.
Paying taxes: Time to comply with corporate income tax correction in Philippines, year by year
| Year | DB17-20 methodology | Change |
|---|---|---|
| 2015 | 1.5 DB17-20 methodology | — |
| 2016 | 1.5 DB17-20 methodology | +0.0% |
| 2017 | 1.5 DB17-20 methodology | +0.0% |
| 2018 | 1.5 DB17-20 methodology | +0.0% |
| 2019 | 1.5 DB17-20 methodology | +0.0% |
Countries ranked near Philippines
- 167 Australia 1.75 DB17-20 methodology compare
- 168 Bolivia, Plurinational State of 1.5 DB17-20 methodology compare
- 168 Dominica 1.5 DB17-20 methodology compare
- 168 Estonia 1.5 DB17-20 methodology compare
- 168 Lithuania 1.5 DB17-20 methodology compare
- 168 Seychelles 1.5 DB17-20 methodology compare
- 168 Solomon Islands 1.5 DB17-20 methodology compare
- 168 Spain 1.5 DB17-20 methodology compare
- 168 Tunisia 1.5 DB17-20 methodology compare
- 168 Turkey 1.5 DB17-20 methodology compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is paying taxes: time to comply with corporate income tax correction in Philippines?
- Paying taxes: time to comply with corporate income tax correction in Philippines was 1.5 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 Philippines?
- The highest recorded value was 1.5 DB17-20 methodology in 2015.
- What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Philippines?
- The lowest recorded value was 1.5 DB17-20 methodology in 2015.
- How does Philippines rank for paying taxes: time to comply with corporate income tax correction?
- Philippines ranks 168th out of 181 countries with data for 2019.
- Where does this Philippines 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.
Download this data
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.