The Corporate Tax Rate in Papua New Guinea stands at 30 percent. Corporate Tax Rate in Papua New Guinea averaged 29.00 percent from 1997 until 2026, reaching an all time high of 30.00 percent in 2003 and a record low of 25.00 percent in 1998. source: Internal Revenue Commission, Papua New Guinea

Corporate Tax Rate in Papua New Guinea is expected to reach 30.00 percent by the end of 2026, 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 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec 2026
Personal Income Tax Rate 42.00 42.00 percent Dec 2026
Sales Tax Rate 10.00 10.00 percent Dec 2026
Social Security Rate 14.40 14.40 percent Dec 2025
Social Security Rate For Companies 8.40 8.40 percent Dec 2025
Social Security Rate For Employees 6.00 6.00 percent Dec 2025
Withholding Tax Rate 15.00 15.00 percent Dec 2025


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 statutory rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Papua New Guinea.
Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 30.00 25.00 1997 - 2026 percent Yearly