A non-government organisation (NGO), Act Now! is calling on the government through the Papua New Guinea Forest Authority (PNGFA) to ban tax evading logging companies.
This follows recent announcement by the head of the Internal Revenue Commission Sam Koim to audit logging companies and take punitive actions on them for not complying with the country’s taxation requirements.
Act Now! believes the country may have lost a potential revenue of K20 Billion over the past 20 years due to loggers evading tax, read more…https://actnowpng.org/blog/blog-entry-call-forest-authority-ban-tax-evading-logging-companies