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More than a third of big companies paid no tax in 2014-15, ATO reports

Gareth Hutchens writes in The Guardian (9.12.16) about the findings of the latest Australian Taxation Office 'transparency report':

'More than 35% of the largest public companies and multinational entities paid no tax in Australia in the most recent financial year on record, according to the second transparency report published by the Australian Taxation Office.

'Qantas Airways, for the second year in a row, was the company with the highest total income to have paid no tax, followed by Origin Energy, Lend Lease and ExxonMobil Australia.'


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