Asia-Pacific
Currency
PGK
Corporate Tax
30%
Personal Income Tax
42%
VAT / GST
10%
Standard 30%; mining and petroleum special (45% for some).
Top rate 42% above PGK 250k/year; 22-42% scale.
Standard 10% (GST).
Dividends
17%
Interest
15%
Royalties
17%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
Nasfund/Authorised funds ~11.5% (employer 8.4% + employee 6%).
Capital Gains Tax
Included in income (30%)
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
1 January – 31 December
Notes
Mining and petroleum (special rates). SEZ (Special Economic Zones) incentives.
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