Papua New Guinea - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in Papua New Guinea was 37.10 as of 2019. Its highest value over the past 14 years was 42.10 in 2012, while its lowest value was 37.10 in 2019.

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 41.50
2006 41.50
2007 41.50
2008 41.50
2009 42.10
2010 42.10
2011 42.10
2012 42.10
2013 39.30
2014 39.30
2015 39.30
2016 39.30
2017 39.30
2018 39.30
2019 37.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment