ato logo
Search Suggestion:

Large corporations

Last updated 9 December 2021

The large corporations account for 55.7% of the CTT population and are the highest population by count and paid 37.9% of total tax payable, see Figure 6 below.

Many corporations in this cohort are covered by the Top 1,000 program, we usually review those taxpayers with turnover above $250 million. In appropriate circumstances we may review smaller taxpayers within the group. Where we identify areas of concern, these are addressed through our Next Actions Program.

Figure 6: Large corporate entities in $250m to $5b income segment

In 2019-20, the large corporate entities which fall into the $250 million to $5 billion income segment, represent 55.7% of the population and reported tax payable of $21.7 billion, or 37.9% of the total.

QC67484