economy Australia
ATO report finds 1,149 large companies paid no tax
25%â–Ľ from 27
Share of covered entities that paid no tax in 2024-25
The Australian Taxation Office reported that 1,149 of 4,299 large corporate entities paid no tax in 2024-25. The data includes Microsoft’s datacentre business, JBS and Singtel, while the ATO noted that nil-tax outcomes can have legitimate explanations.
2 sourcesabc.net.au, The GuardianUpdated
Claims
Support what holds up. Dispute what doesn't.
- 4,299entities
Corporate entities covered by the ATO's 2024-25 transparency report
“covers 4,299 entities that lodged tax returns two financial years ago”
- 1,149entities
Large corporate entities that paid no tax in 2024-25
“there were 1,149 entities (27 per cent) that did not pay tax”
- 27 →25%
Share of covered entities that paid no tax in 2024-25
1 of 2 sources“more than one-quarter of big companies”
- 25%The Guardian
- 27%abc.net.au