Paying taxes: Time to comply with corporate income tax correction in Trinidad and Tobago
Trinidad and Tobago: Paying taxes: Time to comply with corporate income tax correction was 54 DB17-20 methodology in 2019. ▬ Flat
Paying taxes: Time to comply with corporate income tax correction in Trinidad and Tobago, 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 Trinidad and Tobago is 54 DB17-20 methodology, measured in 2019. That is the highest value across all 5 years on record.
The figure is unchanged over five years.
Trinidad and Tobago ranks 11th of 181 countries on this measure, in the top 10%.
Paying taxes: Time to comply with corporate income tax correction in Trinidad and Tobago, year by year
| Year | DB17-20 methodology | Change |
|---|---|---|
| 2015 | 54 DB17-20 methodology | — |
| 2016 | 54 DB17-20 methodology | +0.0% |
| 2017 | 54 DB17-20 methodology | +0.0% |
| 2018 | 54 DB17-20 methodology | +0.0% |
| 2019 | 54 DB17-20 methodology | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 54 DB17-20 methodology is above the median for high income countries, which is 4.5 DB17-20 methodology, 12.0× the median. (56 countries reporting)
- Trinidad and Tobago's 54 DB17-20 methodology is above the median for Latin America & Caribbean, which is 7.5 DB17-20 methodology, 7.2× the median. (32 countries reporting)
Countries ranked near Trinidad and Tobago
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is paying taxes: time to comply with corporate income tax correction in Trinidad and Tobago?
- Paying taxes: time to comply with corporate income tax correction in Trinidad and Tobago was 54 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 Trinidad and Tobago?
- The highest recorded value was 54 DB17-20 methodology in 2015.
- What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Trinidad and Tobago?
- The lowest recorded value was 54 DB17-20 methodology in 2015.
- How does Trinidad and Tobago rank for paying taxes: time to comply with corporate income tax correction?
- Trinidad and Tobago ranks 11th out of 181 countries with data for 2019.
- Where does this Trinidad and Tobago 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.