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Papua New Guinea: Tax developments in response to COVID-19

General Information

This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).

The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.

Date accurate as of: 17 June 2020

The Internal Revenue Commissioners (IRC) in Papua New Guinea introduced a number of tax administrative relief measures to mitigate the impact of the COVID-19 pandemic. IRC measures include:

  • There is the potential to avail of a two month extension on the lodgment of corporate income tax returns and personal income tax returns.
  • The potential to apply for an installment arrangement for Corporate Income Tax and Personal Income Tax due under the 2020 lodgment program until after 30 June 2020 for taxpayers impacted by the crisis. Taxpayers may obtain agreement to pay the tax due in instalments until the end of 2020. This does not apply to provisional tax.
  • Withholding taxes due may be deferred by 21 days.
  • Priority will be given for the processing of GST refunds for medical services, hospitality, tourism, manufacturing, air transport and agriculture sectors.

Additional information regarding employment-related measures, economic stimulus measures and other measures.