This is the sixth annual report on corporate tax transparency, which informs the public debate about tax policy, particularly in relation to the corporate tax system.
Legislation specifies the type of information we are required to provide in the report. It is important to note that the aggregate figures can't reflect the:
- complexity of the tax system
- relationships between entities
- calculations behind the numbers
- extent and nature of any ATO activity.
The corporate tax transparency population includes:
- Australian public and foreign-owned entities with total income of $100 million or more
- Australian-owned resident private entities with total income of $200 million or more
- entities that have petroleum resource rent tax (PRRT) payable.
For more information see: