Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago
Trinidad and Tobago: Paying taxes: Time to comply with VAT refund (hours) was 27 DB17-20 methodology in 2019. ▼ Falling
Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago, 2015–2019
Source: World Bank. Measured in DB17-20 methodology.
Analysis
Trinidad and Tobago recorded 27 DB17-20 methodology for paying taxes: time to comply with vat refund (hours) in 2019. That is the lowest value across all 5 years on record.
The figure is down 64.9% on the previous year and down 64.9% over five years.
Trinidad and Tobago ranks 22nd of 103 countries on this measure, in the top quarter.
Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago, year by year
| Year | DB17-20 methodology | Change |
|---|---|---|
| 2015 | 77 DB17-20 methodology | — |
| 2016 | 77 DB17-20 methodology | +0.0% |
| 2017 | 77 DB17-20 methodology | +0.0% |
| 2018 | 77 DB17-20 methodology | +0.0% |
| 2019 | 27 DB17-20 methodology | -64.9% |
Countries ranked near Trinidad and Tobago
- 20 Namibia 30 DB17-20 methodology compare
- 21 Mozambique 28 DB17-20 methodology compare
- 22 Kosovo 27 DB17-20 methodology compare
- 22 Kosovo (UNSCR 1244) 27 DB17-20 methodology compare
- 25 Chile 26 DB17-20 methodology compare
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 vat refund (hours) in Trinidad and Tobago?
- Paying taxes: time to comply with vat refund (hours) in Trinidad and Tobago was 27 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 Trinidad and Tobago?
- The highest recorded value was 77 DB17-20 methodology in 2015.
- What is the lowest paying taxes: time to comply with vat refund (hours) recorded in Trinidad and Tobago?
- The lowest recorded value was 27 DB17-20 methodology in 2019.
- How does Trinidad and Tobago rank for paying taxes: time to comply with vat refund (hours)?
- Trinidad and Tobago ranks 22nd out of 103 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 VAT refund (hours) (DB17-20 methodology). Statizoid updates them automatically from the source API.
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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.