Australian public entities contributed the most tax paid at 62.8%, foreign entities followed at 28.9% and private entities contributed the remaining 8.3%.
Within the corporate transparency population, private entities contributed the most to the growth in tax payable in 2019–20 ($1.06 billion). This was primarily driven by a small number of private entities that experienced significant profits, rather than being reflective of the private population more broadly. Australian public entities also contributed $119 million in growth, whilst foreign entities had a small decline in tax paid of $12 million. These figures are presented in Figure 8 below.
Figure 8: Change in tax payable, by ownership segment