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Papua New Guinea

Oceania

Worldwide business income at marginal rates up to 42% (first PGK 20,000 exempt). There is no crypto-specific law, so the USDC profit-share falls under general income tax as ordinary assessable income, not capital gains.

How it's classified

Self-employment/business income (sole trader); residents taxed on worldwide income.

Tax rate

Marginal 30/35/40/42% (first PGK 20,000 tax-free), top 42%; or a 2% Small Business turnover tax if eligible (excludes professional services).

Social contributions

Superannuation contributions apply mainly to employees; limited mandatory social charges on pure independent earners.

Registration / regime

Individual marginal rates on business profits; the Small Business Tax (2% of turnover) excludes professional services, so trading payouts use marginal rates.

Crypto payouts

No specific crypto legislation or guidance; USDC payout treated as ordinary assessable income under general principles; enforcement framework undeveloped.

General information only — this is not tax or legal advice. Rules change and depend on your situation. Always confirm with a qualified tax professional in your country.
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