Qantas, Virgin, Netflix and Canva among 1,200 major companies that paid no income tax in Australia in 2022-23

Qantas Airways and Virgin Australia paid no tax in 2022-23 after they were able to carry forward losses accumulated early in the pandemic. Photograph: David Gray/AFP/Getty Images

A major streaming service, media outlets, big airlines and a pizza chain are among more than 1,200 large companies that paid no income tax in 2022-23, a new ATO report reveals, as many businesses deducted losses and used offsets to dial their tax bills down to zero.

Netflix’s Australian operations generated more than $1.15bn in income in the 2023 financial year, documents show, but had no tax payable.