Papua New Guinea - Taxes On Income, Profits And Capital Gains (% Of Total Taxes)

Taxes on income, profits and capital gains (% of total taxes) in Papua New Guinea was reported at 57.83 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Papua New Guinea - Taxes on income, profits and capital gains (% of total taxes) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Papua New Guinea - Taxes On Income, Profits And Capital Gains (% Of Total Taxes)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Papua New Guinea | World Bank Development Indicators