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

Iceland: Paying taxes: Time to comply with VAT refund (hours) was 3 DB17-20 methodology in 2019. β–¬ Flat

Latest (2019)
3 DB17-20 methodology
Change on year
unchanged
World rank
82nd
of 102 countries
All-time high
3 DB17-20 methodology
in 2015
All-time low
3 DB17-20 methodology
in 2015
Years of data
5
2015–2019

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

01232015201720192015: 3 DB17-20 methodology2016: 3 DB17-20 methodology2017: 3 DB17-20 methodology2018: 3 DB17-20 methodology2019: 3 DB17-20 methodology

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

Analysis

Iceland recorded 3 DB17-20 methodology for paying taxes: time to comply with vat refund (hours) in 2019. That is the highest value across all 5 years on record.

The figure is unchanged over five years.

Iceland ranks 82nd of 102 countries on this measure, in the bottom quarter.

Countries ranked near Iceland

  1. 82 Slovenia, Republic of 3 DB17-20 methodology compare
  2. 82 Taiwan Province of China 3 DB17-20 methodology compare
  3. 85 Lithuania, Republic of 2.1 DB17-20 methodology compare

See the full ranking of 102 places β†’

More reference data data for Iceland

All data for Iceland β†’

Frequently asked questions

What is paying taxes: time to comply with vat refund (hours) in Iceland?
Paying taxes: time to comply with vat refund (hours) in Iceland was 3 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 Iceland?
The highest recorded value was 3 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to comply with vat refund (hours) recorded in Iceland?
The lowest recorded value was 3 DB17-20 methodology in 2015.
How does Iceland rank for paying taxes: time to comply with vat refund (hours)?
Iceland ranks 82nd out of 102 countries with data for 2019.
Where does this Iceland 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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Paying taxes: Time to comply with VAT refund (hours) in Iceland. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-comply-with-vat-refund-hours-db17-20-methodology/iceland/

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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.