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AAP
AAP
Jacob Shteyman

More than one quarter of big companies paid no tax

The tax office has revealed that 1149 large firms paid no tax in 2024/25. (Joel Carrett/AAP PHOTOS)

The proportion of companies paying no tax in Australia has dropped to its lowest level on record, even though corporate behemoths like Santos did not pay a cent in income tax.

All up, 1149 large firms paid no tax in 2024/25, the tax office revealed in its corporate tax transparency report on Thursday.

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