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This Month

Business to Biden: prepare for a fight over tax and minimum wage

Business leaders are warning they will fight moves to raise corporate taxes, tighten regulation and double the federal minimum wage under the Biden administration – even as they signalled strong support for the new president.

  • Andrew Edgecliffe-Johnson

December 2020

Revealed: Australia's 10 biggest corporate taxpayers

The Commonwealth Bank has been replaced as the country's biggest taxpayer, while tech giants Facebook, Apple and Google paid a combined $200 million in tax in Australia from earnings of more than $11 billion.

  • Tom McIlroy

ATO cracking down on 'contrived' diverted profit tax schemes

The tax office's annual corporate tax transparency report shows the proportion of companies paying no income tax remains steady at 32 per cent.

  • Tom McIlroy