tax evasion

New Report: Timber Legality Risk Assessment for PNG

New addendum added below on 20 November 2023

There is a very high risk that almost all logging occurring in natural forest areas in Papua New Guinea is illegal.

This is the damning verdict in a new Timber Legality Risk Assessment published ACT NOW!

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Budget changes target tax evasion by extractive industries

Tax evasion by multinational companies involved in the exploitation of Papua New Guinea's natural resources is finally on the government radar and an increasing number of reforms are being implemented.

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Log tax increase, a big win for people

SOURCE: GRACE AUKA SALMANG - POST COURIER

THE proposed tax increase on log export announced in the 2017 Budget has been described as a big win for the people of PNG.

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PNG Forest Minister urged to allow audit

Source: Radio NZ

The Papua New Guinea Forest Minister has been urged by a transparency and environmental NGO to allow an audit of financial reporting by the logging industry.

Despite a new report by the Oakland Institute tracking massive tax evasion by foreign companies involved in PNG forestry, the minister Douglas Torumiesa has defended the loggers.

Mr Tomuriesa attacked the report's findings as being inaccurate because the companies do pay log export taxes.

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IRC yet to confirm logging taxes in PNG

Source: Post Courier online

Minister for Forest, Douglas Tomuriesa and Goodwill Amos with the Oakland Report during a press conference.

THE Internal Revenue Commission is yet to confirm whether many foreign logging companies are in the country are avoiding to pay taxes in Papua New Guinea.

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Putting a halt to the great timber heist in Papua New Guinea

Source: The interpreter

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Disgraced Finance Secretary slammed in COI Report gets PhD & Teaching Fellowship in Australia

Maladina is nailed for the NPF Saga.

But the 2010 Department of Finance Commission of Inquiry found more than K780 million stolen and the report has sat for more than 5 years collecting dust without the recommendations being implemented and those responsible brought to justice.

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Aid monitor slams Australia's efforts to combat corruption in PNG

Source: ABC Radio Australia

Australia is under fire again for failing to provide more assistance in the fight against corruption in Papua New Guinea.

Listen to the audio: Aid monitor slams Australia's efforts to combat corruption in PNG (Credit: ABC) 

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