PG · Oceania · PGK
Papua New Guinea
Tax rates
Income Tax
42%
Top rate, progressive scale
Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27Corporate Tax
30%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
10%
Standard rate
Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27Capital Gains Tax
0%
Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27Wealth Tax
0%
Not levied
Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
No verified data yet for: Crypto Tax.
Estimate your income tax
Enter a gross annual salary to estimate 2026 national income tax for Papua New Guinea using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
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Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| PGK 0 | 0% |
| PGK 20,000 | 30% |
| PGK 33,000 | 35% |
| PGK 70,000 | 40% |
| PGK 250,000 | 42% |
Papua New Guinea taxes resident individuals' salary and wage income on a progressive scale up to 42% for taxable income above PGK 250,000, with a 0% band up to PGK 20,000.
VAT
In practice
- Exemptions
Exports of goods and services are zero-rated. Medical, educational, and financial services are exempt from GST, and land itself is excluded from the tax, though buildings and other improvements to it remain taxable.
Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Capital Gains Tax
Papua New Guinea has no general capital gains tax; gains on shares held as investments are not taxed on disposal. Profits from property acquired for resale at a profit, or from a profit-making scheme, are taxed as ordinary income.
Wealth Tax
Papua New Guinea does not have a wealth tax system (PWC's exact wording).