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Papua New Guinea

Papua New Guinea Taxes on income Stats

Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT AMOUNT DATE RANK HISTORY
Profits and capital gains > % of revenue 49.59% 2002 7th out of 96
Profits and capital gains > % of total taxes 53.98% 2002 12th out of 96
Profits and capital gains > Current LCU 1.32 billion 2002 69th out of 85
Profits and capital gains including income tax > % of revenue 49.59% 2002 6th out of 86
Profits and capital gains including income tax > % of total taxes 53.98% 2002 11th out of 85

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

Citation

Papua New Guinea Economy > Tax > Taxes on income Profiles (Subcategories)

Profits and capital gains 3

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