Papua New Guinea economy

PM confirms amendments to taxation measures

PM O’Neill said there will be a clarification of some measures that were included in the 2017 Budget that are intended to ensure that entities who are not paying their fair share of tax will be compelled to do so.

“We need a review of some taxation measures so as to eliminate any confusion that people may have,” the Prime Minister said in a statement.

“This includes measures in the budget that have been raised by the public and businesses.