Quarter of Australia's largest companies paid no income tax

Summarised from 2 outlets · 3 reports · Updated 1 Oct, 08:18 · Archive

27 per cent of Australia's 4,300 largest companies paid no income tax in 2024–25.

An Australian Taxation Office review found that 27 per cent of companies with turnover exceeding $100 million paid no income tax in the 2024–25 financial year. Major corporations including Santos and Optus were among those paying nothing, despite the corporate sector overall contributing $87.5 billion in income tax.

How it is being reported

• More than one quarter of big companies paid no taxPerth Now · 1 Oct, 04:00
• More than one quarter of big companies paid no taxThe West Australian · 1 Oct, 03:59
• New ATO review shows 27 per cent of big Australian companies don’t pay income taxThe West Australian · 30 Sept, 15:01

In this story: Australian Taxation Office · Santos · Optus · Australia

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