This seminar analyses PNG’s income tax trends and reforms since independence, proposing a reduction in the minimum non-zero income tax rate based on historical and international analysis.
Income tax is a hot topic in PNG and should be because it is too important. One study shows that, out of 59 poor countries, PNG has the fourth-highest ratio of direct taxes to GDP and the highest ratio of direct to indirect taxes. How has the income tax schedule changed in PNG? And how can it be improved?
A new Devpol Discussion Paper written by the two authors documents all the many changes to PNG’s income tax schedule since independence. It summarises and analyses the major trends and reforms. On the basis of this historical analysis accompanied by international comparisons, the paper puts forward recommendations for reform, in particular, a reduction in the minimum non-zero income tax rate.
The monthly ANU-UPNG seminar series is part of the partnership between the ANU Crawford School of Public Policy and the UPNG, supported by the PNG-Aus Partnership.
This a hybrid seminar held at ANU, UPNG's School of Business and Public Policy MBA Suite and online via Zoom. The time in Papua New Guinea is 12.30pm - 1.30pm PGT.
Event Speakers
Anna Kapil
Anna Kapil is a Tutor at the University of Papua New Guinea. She completed a Master of International and Development Economics at the Australian National University. Anna was a Greg Taylor Scholar at the Development Policy Centre.
Stephen Howes
Stephen Howes is Director of the Development Policy Centre and Professor of Economics at the Crawford School of Public Policy at The Australian National University.