The proportion of entities with nil tax payable differs across the industry segments, with the mining, energy and water segment experiencing the highest rates (see Figure 25). The mining, energy and water segment along with banking, finance and investment have reported the largest decline in the proportion of entities with nil tax payable over the last 3 years.
Figure 25: Proportion of entities with nil tax payable, by industry segment, 2016–17 to 2018–19