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Introduction

An introduction to the Corporate tax transparency report 2019-20.

Last updated 9 December 2021

The data in this year's report covers the income year 2019–20 and includes the impact of COVID-19 in the June 2020 quarter, when GDP fell by a record 7% subduing income growth in some sectors of the economy.

The impact of the early stages of the COVID-19 pandemic can be seen in the data. The June 2020 quarter saw the rapid implementation economic and monetary stimulus such as JobKeeper. These factors and the increase in resource prices means we have seen a differentiated tax performance in the data with mining driving the increases in total income and tax paid in 2019–20.

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