The proportion of entities with nil tax payable has decreased over the past three years, from 36% in 2015–16 to 34% in 2016–17 and 32% in 2017–18. The largest decline in the proportion of nil tax payable by ownership type over this period was in Australian public entities, although the proportion fell across all ownership groups.
Australian public and foreign-owned entities have a higher proportion of entities with nil tax payable when compared to Australian private entities (Figure 25).
Figure 25: Proportion of entities with nil tax payable, by ownership segment, 2015–16 to 2017–18