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The Australian companies paying the most – and least – tax

Tom McIlroy

Qantas, Star Entertainment, Toll, and Insurance Australia Group paid no company tax in Australia in 2022-23, with huge revenues from miners and oil and gas companies helping the Australian Taxation Office secure a record $100 billion haul.

Tech giants including Google Australia, Facebook and Apple each had significantly smaller tax bills, despite billions in revenue. Apple paid $142 million in tax, after recording $12.6 billion in total income, ahead of Google’s $124 million bill, based on $2 billion in income.

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Tom McIlroy was the Financial Review’s Canberra bureau chief.

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    Original URL: https://www.afr.com/politics/federal/the-australian-companies-paying-the-most-tax-20241021-p5kjve