The Personal Income Tax Rate in Papua New Guinea stands at 42 percent. source: Internal Revenue Commission, Papua New Guinea
Personal Income Tax Rate in Papua New Guinea averaged 42.76 percent from 2004 until 2020, reaching an all time high of 47 percent in 2005 and a record low of 42 percent in 2007. This page provides - Papua New Guinea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Personal Income Tax Rate - values, historical data and charts - was last updated on May of 2022.
Personal Income Tax Rate in Papua New Guinea is expected to reach 42.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Papua New Guinea Personal Income Tax Rate is projected to trend around 42.00 percent in 2021, according to our econometric models.