PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

592867

Primary Business Area

Trade and Competitiveness

Disclosure Date

Apr 23, 2017

Country

Papua New Guinea

Region

East Asia and the Pacific

IFC Approval Date

Feb 16, 2015

Status

Completed

Estimated Total Budget

$2,231,602.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated Start Date

Feb 16, 2015

Project Estimated End Date

Dec 31, 2017

Project Description

The project team will work with the PNG Internal Revenue Commission to streamline and simplify tax compliance requirements for small and medium sized businesses by reviewing and simplifying processes (forms, payment processes, audit procedures), assisting the IRC to undertake outreach and communication to SMEs in PNG and assessing the need for a special, simplified regime for SMEs.

Development Results

E&S Risks / Impacts and Mitigation