Tax
From The Report: Papua New Guinea 2016
View in Online Reader

This chapter explores Papua New Guinea’s tax regime, focusing on issues slated for Treasury consideration, current corporate taxation guidelines, withholding rates and other key areas for investors. It also contains an interview with Jonathan Seeto, Territory Partner, PwC.

Articles from this Chapter

Overview

Evolving environment: Review of tax laws and revenue administration set to influence budgetary considerations going forward
OBG
plus

Tax measures in the 2016 National Budget were set in the context of a recently released report from the Taxation Review Committee on its comprehensive review of the tax law and revenue administration in Papua New Guinea. There have been few changes to tax laws in PNG, and the recommendations of the committee are being considered by the Treasury. The budget introduced a goods and services tax (GST) import deferral scheme that allows approved importers to defer payment of import GST to the…

Interview

Up for debate: OBG talks to Jonathan Seeto, Territory Partner, PwC
OBG
plus

Interview:Jonathan Seeto What sort of debate should we see within the business community in light of the economic uncertainty that exists due to low commodity prices? JONATHAN SEETO: We hear a lot of debate across the business community about what would create an environment more conducive to business growth and investment. When asked about what is important to business growth, a recent survey conducted by PwC of CEOs in Papua New Guinea found that the three things at the top of the agenda…