Large corporate tax receipts up by $6.6bn

An increase in large corporates paying tax and strong commodity prices saw a $6.6 billion increase in tax intake, the ATO’s latest corporate tax transparency report shows.

by | Dec 12, 2019

Trustee behaviour in focus as ATO wins in Administrative Appeals Tribunal

The ATO’s fifth annual report on corporate tax transparency shows that 2,214 of Australia’s largest companies paid $52.3 billion in income tax in 2017–18, contributing to over 60 per cent of all corporate tax paid in that year.

Read more at Accountants Daily

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