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Iron ore miners and bankers keep budget afloat

Tax from iron ore miners and banks are buoying the budget, with figures also confirming no rivers of revenue from big technology companies.

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Household names: 168 Australian companies have paid no tax since 2013

ATO deputy commissioner says there are ‘legitimate reasons why a company may not pay tax’

Rio tintoChevron australia holdingsAustralian taxation office onGuardian australiaAustralian taxation officeAustralian chevronRebecca saint

Iron ore miners and bankers keep budget afloat

Tax from iron ore miners and banks are buoying the budget, with figures also confirming no rivers of revenue from big technology companies.

New south walesNews australia holdingsToll holdingsMyer holdingsChevron australiaExxonmobil australiaMosaic brandsSydney airportNine entertainmentAustralia holdingsSeven west mediaRebecca saint

Iron ore miners and bankers keep budget afloat

Tax from iron ore miners and banks are buoying the budget, with figures also confirming no rivers of revenue from big technology companies.

New south walesNews australia holdingsToll holdingsMyer holdingsChevron australiaExxonmobil australiaMosaic brandsSydney airportNine entertainmentAustralia holdingsSeven west mediaRebecca saint

More big companies paid no tax during the COVID crisis: ATO transparency data revealed - 10-Dec-2021

The number of Australian public companies that paid no tax in 2019–20 has risen during COVID-19 lockdowns, according to the Australian Taxation Office's (ATO's) latest transparency data.

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