Tax

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What sort of debate should we see within the business community in light of the economic uncertainty that exists due to low commodity prices?

 

Tax measures in the 2016 National Budget were set in the context of a recently released report from the Taxation Review Committee on its comprehensive review of the tax law and revenue administration in Papua New Guinea. There have been few changes to tax laws in PNG, and the recommendations of the committee are being considered by the...

Chapter | Tax from The Report: Papua New Guinea 2016

This chapter explores Papua New Guinea’s tax regime, focusing on issues slated for Treasury consideration, current corporate taxation guidelines, withholding rates and other key areas for investors. It also contains an interview with Jonathan Seeto, Territory Partner, PwC.

Last month the Indonesian government began the implementation of a tax amnesty to boost state revenue and investment, and ease pressure on the nation’s current account.

 

The Middle East has traditionally been an attractive region from a tax perspective. According to the PwC and World Bank “Paying Taxes 2016” study, Qatar is ranked first in the world in terms of ease of paying taxes. With the pronounced decline in oil prices impacting both the public and private sectors, new reforms, including changes to...

 

A new tax law was introduced in Qatar with effect from January 1, 2010. Since then, we have seen significant changes by the Qatar Tax Department (QTD) in its interpretation of specific provisions of the law and developments in the way it is implemented. There has been some official written guidance on this, in particular the issuance of...

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