Business
Some of Australia’s biggest companies paid more in political donations than tax in 2018-19 – The Guardian
Tax report reveals Chevron Australia paid no tax on $900m but $129,685 in donations to Labor, Liberal and National parties
New data has revealed that 192 of Australias biggest companies paid tax of 10% or less of their profit in 2018-19, including seven that paid more in political donations than they did in tax.
Companies paying little or no tax in 2019, despite declaring a profit, range from the local arm of US fossil fuel giant Chevron, Chevron Australia Holdings, which had taxable income of $900m but zero tax payable, and Wilson Parking Australia 1992, the operator of Wilson Parking car parks in Australia, which…
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