Australian public and foreign-owned entities have a higher proportion of entities with nil tax payable when compared to Australian private entities (Figure 24). The proportion of entities with nil tax payable was broadly stable for foreign-owned and Australian private entities, whilst there was a noticeable decline in the portion of Australian public entities that had nil tax payable in the 2016–17 income year.
Figure 24: Proportion of entities with nil tax payable, by ownership segment, 2014–15 to 2016–17