PNG Corporate Income Tax (CIT) Calculator
Calculate corporate tax liabilities in Papua New Guinea under the Income Tax Act 1959 administered by the Internal Revenue Commission (IRC).
Corporate Tax Assessment
Frequently Asked Questions & Statutory Background
What is the standard corporate tax rate for companies in PNG?
The general corporate income tax rate for resident companies in Papua New Guinea is 30%. Non-resident company branches are taxed at 48%.
What is the Small Business Tax (SBT) in PNG?
SBT is a simplified turnover tax for individuals and microenterprises with annual turnover under K250,000, replacing the standard income tax return with a straightforward 2% tax on gross sales.
📊 Internal Revenue Commission (IRC) & Superannuation Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (PGK) |
|---|---|
| Primary Net / Statutory Payable Amount | K 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Papua New Guinea Internal Revenue Commission & Superannuation Lead
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.