The Korea Herald

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

By ABC NEWS (Australia)

Published : Nov. 1, 2024 - 16:25

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The Australian Taxation Office's annual corporate tax report has revealed more than 12-hundred companies paid no tax in the past financial year. Of the nearly 4,000 firms that lodged their returns around 30 per cent did not pay tax.