Analysis: testing out Papua New Guinea’s new Large Taxpayer Office

Welcome,

Papua New Guinea’s new Large Taxpayer Office (LTO) has now been in operation for three months. Karen McEntee, Tax Partner at KPMG, checks in to see how it is progressing.

Lifting tax credit scheme to five per cent would see millions added to Papua New Guinea road works, says oil palm leader

Welcome,

Lifting the tax credit scheme to five per cent would see a big boost in road building and maintenance, according to the General Manager of West New Britain’s Hargy Oil Palms, Graham King.

In brief: Ok Tedi mine may resume operations in March, and other business stories

Welcome,

The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.

The case for reforming Papua New Guinea’s tax regime

Welcome,

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.

Support for Papua New Guinea government reforms, but also ‘unease’

Welcome,

While its aims of encouraging small and indigenous business are universally supported, the Papua New Guinea Government’s recent dealings with investors have created a ‘feeling of unease’ in some business circles.

Double taxation deal with Indonesia

Welcome,

Indonesia and Papua New Guinea have ratified their double taxation treaty, in a sign of developing closer economic relations.