Yr Handy 2 Min Explainer On How The Fk Almost 1/3 Of Big Aus Companies Paid No Tax In 2020/21

In a classic bit of “disappointed but not surprised” news, almost a third of Australia’s big ‘ol corporations didn’t pay any income tax in 2020 to 2021. And adding insult to injury — that number includes more than half of the mining, energy and water corps. Great! This info comes from the Australian Taxation Office’s corporate tax transparency report

The Guardian

Just remember when you hear all that talk about how Australia's coal and gas exports pay for schools and hospitals – mining and energy companies are around twice as likely to be paying no income tax (zero) compared to other sectors. pic.twitter.com/KC7XtMrAYc

— Michael Mazengarb (@MichaelM_ACT) November 3, 2022

Rebecca SaintNews.com.au

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