Tax

PNG Company tax approved

The contentious PNG company tax or ‘super tax’ on the country’s big players in the banking and telecommunication sectors finally got the green light from Parliament Wednesday, now making it a law. While the tax

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Changes proposed to PNG super tax

Papua New Guinea's Parliament may consider some changes to the market concentration levy, or so-called 'super tax' this

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Millons lost during Solomon Islands lockdowns

Solomon Islands has lost millions of dollars in tax revenue as a result of the recent COVID-19 lockdowns imposed at the beginning of community transmission last month. Prime Minister Manasseh Sogavare announced the

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Can sharing the joy of tax increase government revenue in PNG?

Around the world, tax compliance is a serious problem with big consequences. The case is no different in Papua New Guinea (PNG). It is an important concern of the current government. In July 2019, Prime Minister James

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EU says tax blacklisting should be no surprise

FIJI, the Marshall Islands and Vanuatu have been added to a European Union blacklist of tax havens. And despite concerns about process raised by all three countries, the EU has told Islands Business that these

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