Each year, we're legally required to publish income tax information about large public and private companies in the Report of entity tax information on data.gov.auExternal Link.
For the 2022–23 income year and onwards, the corporate tax transparency population includes:
- any corporate tax entity that has total income equal to or exceeding $100 million
- entities reporting petroleum resource rent tax (PRRT) payable.
In September, we'll write to companies with the reported tax information we plan to publish. We'll also outline the steps companies can take to correct any errors before we publish our report.
If your company meets the threshold for inclusion in the 2022–23 report and you haven't heard from us by late September, email Reporting Entity Info.
This is the first year that data for Australian-owned private entities with total income between $100 million to $200 million will be reported. An amendment to the Corporate Tax Transparency law in 2022 lowered the total income threshold for Australian-owned private entities to $100 million from the 2023 income year onwards.
We'll publish the report in late October or early November.
You can read more about the Report of entity tax information and access the Corporate tax transparency dataExternal Link on data.gov.au.
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