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Tarutia on Unintended Consequences of Prospective Amendments to Proposed Taxation Bill

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The Association of Superannuation Funds of Papua New Guinea has made a submission to government highlighting the unintended consequences of prospective amendments to the proposed taxation bill.The Association believes that if the bill falls through, by the end of this year, customer returns derived from investment dividends will plummet drastically.The Association also underlines other loopholes in the nation legislation that disadvantages many.

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