Papua New Guinea has recorded high levels of economic growth for a number of years, mainly on the back of the PNG liquefied natural gas (LNG) project, which began production in mid-2014. The country’s abundance of natural resources has also seen many of the world’s largest oil and gas and mining companies enter the market. While the economic signs continue to be positive...
Tax
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Articles & Analysis | An overview of PNG's taxation rules from The Report: Papua New Guinea 2015
This chapter examines Papua New Guinea’s taxation rules, outlining the government’s focus on improving tax compliance, new double tax agreements recently signed and current corporate taxation guidelines. It also contains a viewpoint from Jonathan Seeto, Managing Partner, PwC.
Interviews & Viewpoints | Nicolas Balesme, Associate, Deloitte Gabon: Interview from The Report: Gabon 2015
Articles & Analysis | The ins and outs of Gabon's tax system from The Report: Gabon 2015
Modifications to the tax code passed in May 2009 have been made in July 2009, February 2010, January 2011, January 2012, January 2013, January 2014 and January 2015 to reflect Gabon’s new political climate. The code is a modernised framework that will likely be complemented by tax and Customs incentives for both foreign and local investors....
This chapter covers the ins and outs of the Gabonese tax system, covering areas of particular interest to investors, including recent changes, corporate income tax, capital gains and dividends, deductions and depreciation, taxes on wages and VAT, among other topics. In addition, it also includes an interview with Nicolas Balesme, Associate, Deloitte Gabon.
An upper-middle-income country situated on the Gulf of Guinea, Gabon is one of Africa’s leading oil producers. With a population of around 1.7m and a stable political system, it plays a leading role in the region through its membership in the CEMAC economic bloc.