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

Guyana: Paying taxes: Time to comply with VAT refund (hours) was 20 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
20 DB17-20 methodology
Change on year
unchanged
World rank
29th
of 101 countries
All-time high
20 DB17-20 methodology
in 2015
All-time low
20 DB17-20 methodology
in 2015
Years of data
5
2015–2019

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

051015202015201720192015: 20 DB17-20 methodology2016: 20 DB17-20 methodology2017: 20 DB17-20 methodology2018: 20 DB17-20 methodology2019: 20 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 Guyana is 20 DB17-20 methodology, measured in 2019. That is the highest value across all 5 years on record.

That represents a change of unchanged over five years.

Guyana ranks 29th of 101 countries on this measure, in the middle of the range.

Countries ranked near Guyana

  1. 26 Georgia 21.5 DB17-20 methodology compare
  2. 27 Cambodia 21 DB17-20 methodology compare
  3. 28 Mexico 20.5 DB17-20 methodology compare
  4. 30 Indonesia 18 DB17-20 methodology compare
  5. 30 Palestine 18 DB17-20 methodology compare
  6. 32 Greece 17.5 DB17-20 methodology compare

See the full ranking of 102 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is paying taxes: time to comply with vat refund (hours) in Guyana?
Paying taxes: time to comply with vat refund (hours) in Guyana was 20 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 Guyana?
The highest recorded value was 20 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to comply with vat refund (hours) recorded in Guyana?
The lowest recorded value was 20 DB17-20 methodology in 2015.
How does Guyana rank for paying taxes: time to comply with vat refund (hours)?
Guyana ranks 29th out of 101 countries with data for 2019.
Where does this Guyana 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.