Zoom in on Income Tax Act rewrite

ACCOUNTING firm Deloitte PNG has invited Australia-Papua New Guinea Business Council members to join their webinar on the PNG Income Tax Act rewrite, which takes place on September 10.
Zoom in on Income Tax Act rewrite Zoom in on Income Tax Act rewrite Zoom in on Income Tax Act rewrite Zoom in on Income Tax Act rewrite Zoom in on Income Tax Act rewrite

Staff Reporter

"The draft rewrite of the PNG Income Tax Act contains many important implications for taxpayers. It goes beyond a modernisation of the Act and introduces some important changes to the law," Deloitte said.
 
"The intention is that the new act will take effect from January 1, 2021, which leaves little time to prepare.
 
"Deloitte will be conducting training sessions to help taxpayers gain an understanding of the proposed changes and how they may affect their business. The introductory session will provide an overview of the major changes only. Subsequent sessions will dive into the detail of the proposed changes."
 
The introductory session on September 10 takes place from 9.30am to 11am, on the Zoom virtual conference application.
 
Participation should be addressed to Alice Tembari-Bejigi at atembaribejigi@deloitte.com.pg and queries to 308 7069.

 

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