Almost 800 large companies paid no tax in 2020-21, Australian Taxation Office report reveals – ABC News

Illustration of 'tax magnet' pulling dollar coins from a 'big business' office block.

Thirty-two per cent of Australian public companies paid no tax in 2020-21, according to ATO data, although the tax office said most have legitimate reasons for not doing so.

Source: Almost 800 large companies paid no tax in 2020-21, Australian Taxation Office report reveals – ABC News