The Australian Tax Office (ATO) has released tax and income details for 2,043 entities operating in Australia. These entities were either Australian public companies and multinationals with an income of more than $100m, or Australian-owned resident private entities with total income of $200m or more. They have a total tax payable of $38.2bn, down $3.6bn on the previous year. You can search by company name, or sort using the column headings. Reasons why a company might not have to pay tax are explained in detail by the ATO here.

Source: The Guardian December 07, 2017 09:33 UTC