Tag: ATO

ATO reveals large companies’ tax rort

Responding to the release of figures by the Australian Taxation Office that reveal the extent of tax avoidance by large Australian-based companies, Oxfam Australia’s Economic Policy Advisor Joy Kyriacou said: “The Australian Taxation Office has confirmed that multinationals avoided paying an estimated $2.5 billion into the public coffers in the 2014-15 financial year – money […]

ATO data shows more than one in three large companies still paying zero tax

Responding to new data released today by the Australian Tax Office (ATO), Oxfam Australia Chief Executive Dr Helen Szoke said: “The ATO data revealing that 36 per cent of large companies paid no tax at all in the 2014-15 financial year is damning evidence of the need for tougher action on corporate tax avoidance. “While […]

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