On December 9, 2016 the Australian Taxation Office (ATO) published the 2014-15 Report of Entity Tax Information. According to the ATO the report contains some tax information for 1904 companies.

 

The report includes:

·   1579 Australian public and foreign-owned companies with an income of $100 million or more, and

·   325 Australian-owned resident private companies with an income of $200 million or more.

 

The report lists a.o.:

·   The name of the company;

·   The Australian Business Number (ABN);

·   Total income;

·   Taxable income; and

·   Income tax payable

 

There are some taxpayers in the report with nil tax payable for the reporting period. In a press release issued regarding the publication of the 2014-15 Report of Entity Tax Information, the ATO emphasizes that no tax paid does not necessarily mean tax avoidance, and assumptions about an entity’s compliance with their tax obligations, or those of their associated groups, cannot be made solely on the basis of this data.

 

Click here to download the 2014-15 Report of Entity Tax Information from the website of the ATO. The corporate tax transparency report for 2014-15 comes in the form of a downloadable excel sheet.

 

 

Copyright – internationaltaxplaza.info

  

 

Are you looking for a highly motivated new member for your tax team? Then place your Job Ad on International Tax Plaza!

 

and

 

Stay informed: Subscribe to International Tax Plaza’s Newsletter! It’s completely FREE OF CHARGE!

 

 

 

Submit to FacebookSubmit to TwitterSubmit to LinkedIn
INTERESTING ARTICLES