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710 corporations paid $0 tax on almost half a trillion revenue

December 12, 2019 - 12:10 -- Admin

GetUp! Media Release One third of the largest corporations in Australia paid $0 tax in 2017-18, stunning new data released by the Australian Tax Office reveals. This year’s data revealed 710 tax avoiding corporations had a combined total revenue of $458,632,686,428, and taxable incomes of $10,617,889,645.00. They include: Woodside Petroleum: $0 tax on $6.3 billion…

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