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  • Medium corporations

    The medium corporations (those who earn less than $250 million) account for 41.6% of the CTT population but paid only 5.1% of corporate income tax. See Figure 7 below.

    Figure 7: Medium corporate entities in $100m to $250m income segment

    In 2019-20, the medium corporate entities in the $100 million to $250 million income segment account for 41.6% of the population but reported a relatively small amount of tax payable of $2.9 billion, or 5.1% of the total.

      Last modified: 10 Dec 2021QC 67484