Corporate tax soars but many paid nothing

Sky-high commodity prices fed into the biggest corporate tax haul in almost a decade but more than 30 per cent of big businesses didn’t pay any. Big businesses forked out a combined $68.9 billion in income tax in 2020/21 despite the lingering effects of COVID-19 on the economy. The 2020/21 total was 19.8 per cent […]

This post was originally published on Michael West.