In brief: Business leaders predict job losses, pessimistic about revenue growth in 2017, and other business news

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‘More jobs to go’ warning if business continue to rationalise, O’Neill says $S300m loan to be used foreign exchange, Australia funding APEC 2018 to fend off China. Your weekly digest of the latest business news.

The case for reforming Papua New Guinea’s tax regime

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After two years of research and hearings, the PNG Tax Review Committee is due to present its final report to Government next month. PricewaterhouseCoopers PNG’s Jason Ellis looks at the tax reform measures it is likely to recommend.

In brief: Ratings agency warning on debt and other business news

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Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.

Business gets serious about Papua New Guinea tax review

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Business in Papua New Guinea is now starting to focus on the looming deadlines for the country’s taxation review – a review that could have major implications for business, including the country’s resources sector.

Doing business in Papua Guinea

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David Caradus, a partner of PricewaterhouseCoopers, whose PNG practice has been in operation for more than 50 years, provides answers to common questions about doing business in PNG.

‘Simpler and faster’ Papua New Guinea tax system on its way?

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Electronic submission of tax returns and assessments, and a simpler Papua New Guinea tax system are just two of the measures to be delivered under the Internal Revenue Commission’s (IRC) new 2013 to 2017 corporate plan, launched last month.