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  • Nil tax payable by ownership type

    The proportion of entities with nil tax payable has decreased over the past three years, from 34% in 2016–17 to 32% both this year and last year. The largest decline in the proportion of nil tax payable by ownership type over this period was in foreign-owned and Australian public entities. Australian private entities have seen a small increase in the proportion of entities with nil tax paid in 2018–19 but have seen a decline in nil tax paid entities over the three-year period.

    The proportion of Australian public and foreign-owned entities with nil tax payable is higher when compared to Australian private entities (see Figure 24).

    As mentioned in the Interpreting the results section, the ownership cohorts are not directly comparable as smaller Australian private entities with total income less than $200 million are not represented in the data.

    Figure 24: Proportion of entities with nil tax payable, by ownership segment, 2016–17 to 2018–19

    This graph shows the proportion of entities with nil tax payable in 2018–19 as compared to 2017–18 and 2016–17 by ownership segment (private, foreign-owned and Australian public). The percentages have remained broadly stable, with the exception of Australian public entities showing larger declines than the rest over the three years.
      Last modified: 10 Dec 2020QC 64354