The Bougainville Acting Chief Tax Collector, Dr Aloyis Daton, said five taxation policy submissions contained information that is claimed to have a formula that is suitable for Bougainville’s business environment.
He said the submissions are in line with the Sharp Agreement, which is the governing principle for formulating the new taxation policy.
The submissions that were presented to the BEC for a decision on the change of the taxation law include;
Submission 1: Future tax framework