Papua New Guinea's Prime Minister recently announced plans for major tax reforms that will be implemented once economic targets are reached in the country, within the next three to four years. This includes a reduction in corporate and personal income tax. The Prime Minister has also called for business input on the reforms. --- PM Marape Announces Major Tax Reforms to Boost Investment and Economic Growth Prime Minister James Marape has announced a bold tax reform strategy aimed at fostering investment, increasing consumer spending, and driving local industry growth. The reforms will take effect once Papua New Guinea's economy reaches...