ATO releases tax details of more than 300 Australian-owned private companies with an income of $200m or moreThe Australian Taxation Office has revealed the tax details of more than 300 of Australia’s richest privately held companies in a new report published on Tuesday.
Of the 321 companies on the list of Australian-owned private companies with an income of $200m or more, 98 paid no tax and 123 companies paid approximately a third of their taxable income in tax.
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Source: theguardian.com