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St Barbara Challenges PNG Tax Bill, Citing Major Calculation Errors

7:14am on Monday 2nd of June, 2025 AEST Mining
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St Barbara Challenges PNG Tax Bill, Citing Major Calculation Errors

7:14am on Monday 2nd of June, 2025 AEST
Key Points
  • Simberi Gold disputes PGK456.1 million tax and penalty assessment by PNG IRC
  • Errors identified in capital expenditure deductions and deemed withholding tax calculations
  • Dispute centers on interpretation of PNG Income Tax Act and accelerated ACE deductions
  • Support from PNG government and Australian High Commission for resolution
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