The Australian companies that paid the most – and least

Mining giants including Rio Tinto and BHP were the biggest corporate taxpayers in 2021-22, paying a fifth of all company tax paid by large companies as they raked bumper profits from booming commodity exports, new figures show.

The 2021-22 tax transparency report, released on Thursday, lists all public and foreign-owned companies that reported incomes of $100 million or higher, all private Australian companies that earned $2000 or more, and what income tax those companies paid. The airline achieved just 30 per cent of its pre-pandemic flying over the 2022 financial year across its domestic and international arms.

A Crown spokesperson said the company continues to pay gaming and property taxes and other levies due to its Victorian, West Australian and NSW operations.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More than 800 large companies paid no tax in 2021-22, Australian Taxation Office revealsMore than 800 large companies paid no tax in 2021-22, an Australian Taxation Office (ATO) report reveals. Here's the ATO's full list.
Source: abcnews - 🏆 5. / 83 Read more »

The Australian companies that paid the most – and leastMining giants paid more income tax than the rest of the country’s high-value companies combined, while airlines paid zero tax in 2021-22 as pandemic effects continued.
Source: brisbanetimes - 🏆 13. / 67 Read more »

800 Aussie companies that paid no taxNearly one third of the largest companies in Australia paid no income tax in 2021-22, according to the Australian Taxation Office (ATO).
Source: newscomauHQ - 🏆 9. / 77 Read more »

Wedgetail Aerospace approved to operate large-scale drones signaling more change for mining industryDrones have been used to deliver pizzas, snap photographs and fight crime. Now, new approvals could see them being used to a greater degree in Australia's lucrative mining industry.
Source: abcnews - 🏆 5. / 83 Read more »