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 taxWhile big business paid $87.5 billion in income tax to Australia's tax office in 2024/25, major corporates like Santos and Optus did not pay a cent.Perth Now · 1 Oct, 04:00
- More than one quarter of big companies paid no taxWhile big business paid $87.5 billion in income tax to Australia's tax office in 2024/25, major corporates like Santos and Optus did not pay a cent.The West Australian · 1 Oct, 03:59
- New ATO review shows 27 per cent of big Australian companies don’t pay income taxThe ATO’s annual corporate tax transparency report reveals that 27 per cent of the 4300 companies turning over more than $100 million a year paid no tax in the 2025 financial year.The West Australian · 30 Sept, 15:01
In this story: Australian Taxation Office · Santos · Optus · Australia
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