Skip to main content Skip to footer

Tax Evasion Leaves PNG Out of Pocket

February 20, 2016
Source
Radio New Zealand

Papua New Guinea is losing out on hundreds of millions of much needed dollars because of a complex web of tax evasion by overseas logging companies.

A new report from the US-based research group, The Oakland Institute, exposes massive tax evasion and financial reporting by logging companies mainly operating on the controversial Special Agricultural Business Leases.