Tax
From The Report: Papua New Guinea 2017
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This chapter offers a guide to PNG’s taxation rules and regulations. It also examines the national budget for 2017, which introduces new changes, and explains several credits and incentives available for businesses.

This chapter contains an interview with Jonathan Seeto, Territory Partner, PwC.

Articles from this Chapter

Overview

The tax man: The 2017 national budget introduced a raft of new changes
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Under the 2017 national budget taxation measures were set in the context of the October 2015 report released by the Taxation Review Committee, following its comprehensive review of tax law and revenue administration in Papua New Guinea. The 2017 national budget included some significant tax changes, and it is expected that further changes will be included in future budgets as the recommendations of the tax review are assessed by the Treasury. 2017 National Budget The 2017 budget introduced…

Interview

Managing challenges: Jonathan Seeto, Territory Partner, PwC, on building business resilience
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Interview: Jonathan Seeto How do you assess the current state of the business climate in Papua New Guinea? JONATHAN SEETO: As I reflect on conversations with business leaders in various forums, and the surveys that PwC undertakes throughout the year, unsurprisingly the resounding theme has been one of challenge. Nevertheless, despite all the apparent challenges, we have observed that CEOs in PNG are more optimistic about the year ahead than they were at this time in 2016. The three main issues…