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One in four of Australia's largest companies paid no tax last year

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One in four of Australia's largest companies paid no tax last year, but many are tearing through their losses, setting up a multibillion-dollar windfall for the Morrison government ahead of an election-year budget.

 

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I guess these companies either made no profits, or they have previous losses to use against this year's wins. It's not necessarily a bad situation.

The Tax legislation is decades overdue for revision.

Yet we’re clobbered with taxes

They don’t need to pay. The government looks after them for a long time

yes but only half wits and less would assume we all want a rape religion so really bad economics don't you get it yet?

Big Business should pay a mass immigration Ponzi population growth surcharge or a Ponzi tax.

Yes, total tax reform has been long needed, but both parties haven't got the guys to do that as in some cases it would be political suicide to do the rite thing by Australia. This is why we need total government reform first of our existing political system.

This story gets rehashed every year. When is there gonna be a windfall for ordinary Australians?

Great news

Don’t worry, I’m sure they’ll find new losses before that ever happens.

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