Statizoid

Paying taxes: Time to comply with VAT refund (hours) in Cyprus

Cyprus: Paying taxes: Time to comply with VAT refund (hours) was 10.5 DB17-20 methodology in 2019. ▲ Rising

Latest (2019)
10.5 DB17-20 methodology
Change on year
unchanged
World rank
45th
of 101 countries
All-time high
11.5 DB17-20 methodology
in 2017
All-time low
6 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to comply with VAT refund (hours) in Cyprus, 2015–2019

02.557.51012.52015201720192015: 6 DB17-20 methodology2016: 6 DB17-20 methodology2017: 11.5 DB17-20 methodology2018: 10.5 DB17-20 methodology2019: 10.5 DB17-20 methodology

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

Analysis

The most recent figure for paying taxes: time to comply with vat refund (hours) in Cyprus is 10.5 DB17-20 methodology, measured in 2019.

Compared with earlier readings it is up 75.0% over five years.

Cyprus ranks 45th of 101 countries on this measure, in the middle of the range.

Countries ranked near Cyprus

  1. 43 Lesotho 11.5 DB17-20 methodology compare
  2. 43 Luxembourg 11.5 DB17-20 methodology compare
  3. 45 France 10.5 DB17-20 methodology compare
  4. 45 Sweden 10.5 DB17-20 methodology compare
  5. 48 Botswana 10 DB17-20 methodology compare
  6. 48 North Macedonia 10 DB17-20 methodology compare
  7. 48 Samoa 10 DB17-20 methodology compare
  8. 48 Saint Kitts and Nevis 10 DB17-20 methodology compare
  9. 48 Zambia 10 DB17-20 methodology compare

See the full ranking of 102 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is paying taxes: time to comply with vat refund (hours) in Cyprus?
Paying taxes: time to comply with vat refund (hours) in Cyprus was 10.5 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to comply with vat refund (hours) recorded in Cyprus?
The highest recorded value was 11.5 DB17-20 methodology in 2017.
What is the lowest paying taxes: time to comply with vat refund (hours) recorded in Cyprus?
The lowest recorded value was 6 DB17-20 methodology in 2015.
How does Cyprus rank for paying taxes: time to comply with vat refund (hours)?
Cyprus ranks 45th out of 101 countries with data for 2019.
Where does this Cyprus data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to comply with VAT refund (hours) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Paying taxes: Time to comply with VAT refund (hours) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
102 places, 510 data points, 2015–2019
Last refreshed

The time to comply with VAT refund measures the time spent preparing and submitting the refund claim and the time spent preparing information for the tax officers, if, in 50% or more of cases, a company that requests a VAT cash refund arising from a capital purchase would be selected for an additional review. The component indicator is computed based on the methodology in the DB17-20 studies.