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Ownership

Last updated 9 December 2020

The 1,320 foreign-owned entities account for 57% of the corporate transparency population in 2018–19 and account for 30% of tax payable. Australian public entities account for 23% of the population and 64% of tax payable. Australian private entities account for 20% of the population and nearly 7% of tax payable (see Figure 18).

This year we changed our methodology to identify companies as foreign-owned if they reported they were ultimately held by a non-resident corporate entity, regardless of any shareholding percentages they disclosed. This has resulted in a small increase in the percentage of companies defined as foreign-owned in this year's report.

Figure 18: Corporate entities, by ownership segment, 2018–19  

There were 2,311 entities in scope for the transparency report in 2018–19. They include 527 Australian public entities, 464 Australian private entities and 1,320 foreign-owned entities.

Figure 19: Tax payable – corporate entities, by ownership segment, 2018–19
Entities in the population are grouped into three ownership segments. This figure shows the number of corporate entities in each ownership segment, the number with positive taxable income and tax payable amounts, and the amount of tax payable. In 2018–19, there were 1,320 foreign-owned entities (57% of the corporate transparency population accounting for 30% of tax payable); 527 Australian public entities (23% of the population accounting for 64% of the tax payable); and 464 Australian private entities (20% of the population accounting for 7% of tax payable).

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