The Corporate Tax Rate in Papua New Guinea stands at 30 percent. Corporate Tax Rate in Papua New Guinea averaged 28.64 percent from 1997 until 2018, reaching an all time high of 30 percent in 2003 and a record low of 25 percent in 1998.

Corporate Tax Rate in Papua New Guinea is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Corporate Tax Rate is projected to trend around 30.00 percent in 2020, according to our econometric models.

Papua New Guinea Corporate Tax Rate
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Papua New Guinea Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 30.00 25.00 percent [+]
Personal Income Tax Rate 42.00 42.00 47.00 42.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 14.40 14.40 14.40 14.40 percent [+]
Social Security Rate For Companies 8.40 8.40 8.40 8.40 percent [+]
Social Security Rate For Employees 6.00 6.00 6.00 6.00 percent [+]


Papua New Guinea Corporate Tax Rate

In Papua New Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Papua New Guinea. This page provides - Papua New Guinea Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 30.00 25.00 1997 - 2018 percent Yearly




Country Last Previous
Argentina 35.00 Dec/18
India 35.00 Dec/19
Brazil 34.00 Dec/19
France 31.00 Dec/19
Japan 30.86 Dec/19
Australia 30.00 Dec/19
Germany 30.00 Dec/19
Mexico 30.00 Dec/19
South Africa 28.00 Dec/18
Canada 26.50 Dec/18
China 25.00 Dec/19
Indonesia 25.00 Dec/18
Netherlands 25.00 Dec/19
South Korea 25.00 Dec/19
Spain 25.00 Dec/19
Italy 24.00 Dec/19
Turkey 22.00 Dec/19
United States 21.00 Dec/19
Russia 20.00 Dec/19
Saudi Arabia 20.00 Dec/18
United Kingdom 19.00 Dec/19
Switzerland 18.00 Dec/19
Singapore 17.00 Dec/19


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