The Korea Herald

ATO reveals more than 1,200 companies paid no tax last financial year

By ABC NEWS (Australia)

Published : Nov. 1, 2024 - 13:33

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A new report has revealed that more than 1,200 companies paid no tax in the past financial year. The Australian Taxation Office's annual corporate tax transparency report shows that of the nearly 4,000 firms that lodged their returns, around 30 per cent did not pay any tax.