Business
Revealed: Australia’s 10 biggest corporate taxpayers – The Australian Financial Review
The Commonwealth Bank has been replaced as the country’s biggest taxpayer, while tech giants Facebook, Apple and Google paid a combined $200 million in tax in Australia…
The Tax Office’s sixth annual tax transparency report showed the 2350 biggest corporate taxpayers paid a combined $56.1 billion in income tax in the period, up from $52.3 billion a year earlier.
The revenue represents more than 60 per cent of all corporate income tax paid and includes $11.2 billion from large public companies, multinational corporations, Rich Listers, and private groups collected by a powerful tax avoidance taskforce.
About a third of the biggest companies, 760, paid no corporate…
Continue Reading
