Papua New Guinea - Total Tax Rate (% Of Profit)

Total tax and contribution rate (% of profit) in Papua New Guinea was reported at 37.1 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Papua New Guinea - Total tax rate (% of profit) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Papua New Guinea - Total Tax Rate (% Of Profit)
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.

Papua New Guinea | World Bank Development Indicators