Taxes on income, profits and capital gains as a share of revenue reached 46.9% in 2020 in Papua New Guinea, according to the National Statistical Office. This is 7.07% more than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Papua New Guinea reached an all time high of 57.1% in 2014 and an all time low of 25.8% in 1991.
Papua New Guinea has been ranked 5th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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