Internal Revenue Commissioner Sam Koim said individuals and businesses can send up to 1.5 million kina overseas starting from January 1, 2025, in a latest policy adjustment. The new threshold was an increase from the cap of 500,000 kina. “This policy aims to ease administrative burdens, support international trade and address challenges posed by the...
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Note: See Sections 11, 12, 13 and 14.
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