Thirty-two per cent of Australian public companies paid no tax in 2020-21, according to Australian Taxation Office (ATO) data.
The ATO's eighth corporate tax transparency report, which covers 2,468 corporate entities, found that 782 (32 per cent) did not pay any tax.
The report attributes that to various reasons, including companies making an accounting loss or claiming tax offsets that reduced their tax bill to nil.
