Palau: Comprehensive Tax Reform Legislation 2021 including Palau Goods and Services Tax
Progress
Current status
in force
01 Jan 2023 in force
03 Feb 2021 under deliberation
Scope
Implementers
Palau
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
cross-cutting
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Implemented Comprehensive Tax Reform Legislation 2021 including Palau Goods and Services Tax
On 1 January 2023, Palau implements its Comprehensive Tax Reform Legislation 2021 including the Palau Goods and Services Tax (PGST). The tax is set at 10% for most goods and services sold in Palau, including digital services. Any person supplying, w…
SourceEvent type
law
Action type
implementation
Government branch
legislature
Government body
parliament
Introduced Comprehensive Tax Reform Legislation 2021 including Palau Goods and Services Tax
On 3 February 2021, the Comprehensive Tax Reform Legislation 2021 was introduced in the Senate of Palau. It includes a change to how most goods and services will be taxed by introducing the Palau Goods and Services Tax (PGST). The tax would be set a…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament