Almost a third of big companies not paying any tax in Australia: ATO

Pedro Gonçalves
Almost a third of big companies not paying any tax in Australia: ATO

Almost a third of  the big companies operating in Australia are still not paying any tax despite making hundreds of millions in income, according to data released by the Australian Taxation Office. The 2017-18 Report of Entity Tax Information lists just over 2,200 Australian public and foreign-owned corporate tax entities with revenues of A$100m or more, as well as Australian-owned resident private companies with an total revenue in excess of A$200m or more. Of 2,214 entities covered by...

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