Dec 17, 2015

Transfield, News Corp and Exxon Mobil paid no tax in 2013-14

Transfield Services, the controversial company running many of Australia's offshore immigration detention centres, had no tax payable in Australia in 2013-14, on its revenue of $2.8 billion and taxable income of $16 million.

Josh Taylor — Journalist

Josh Taylor


The list of over 1500 large corporate taxpayers has been published by the Australian Taxation Office, for the first time revealing how much tax some of the biggest companies operating in Australia pay.

Under changes in tax transparency legislation passed by the former Labor government, the ATO is required to publish the name, income, taxable income, and tax payable for every public and foreign-owned corporation with income over $100 million.

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21 thoughts on “Transfield, News Corp and Exxon Mobil paid no tax in 2013-14

  1. MJPC

    Now, the next question to be asked: “Which political parties are donated to by these companies and what amounts?”
    Can Chris Jordan be also at pains to comment that these bludgers use services paid for by PAYE taxpayers, who have few avenues to lessen or avoid taxation.

  2. Mike Smith

    So we pay these entities for their services, how about insisting that it be paid into Australian based entities that are taxable?

  3. Jeanette Weir

    When you see the prevailing policies of selling off Australian owned assets to foreign companies you get a triple hit to the economy
    (1) profits that are taxed here disappear off-shore – the Australian worker(PAYE)then make-up the tax shortfall
    (2) money that would circulate in the economy has gone.
    (3) Australian companies are way behind the 8-ball competing with companies that have aggressive tax minimisation options.

  4. SusieQ

    So while the mid year economic briefing resulted in yet more cuts to health and welfare (and the arts) these big companies do not contribute at all (can’t wait to see the spin that results from this).
    Endless promises to make companies accountable never seems to work – why not?

  5. AR

    Surely for any who still qondered about equity, this is game, set & match?
    Let’s go the bastards, like Steppenwolf going the Pushman.
    It could not be simpler, stroke of the pen and all revenues are taxed before deduction which can then argue for rebates, once the money is in OUR kick.

  6. AR

    ..or even “wondered” about equity.

  7. Norman Hanscombe

    You and your fervent acolytes, Joshua, who as far as I can see have rallied in greater numbers on this thread than any other will probably inspire you to continue playing your quaint economic tunes, so I guess you’ll continue blowing your horn regardless of the fact you can’t extract a sound economic tune from it.

  8. klewso

    Limited News – what a great corpulent citizen?
    How much is all that “free” positive PR (for their Limited News Party) worth on the open market – considering how much of that msm market they control?

  9. Marion Wilson

    MJCP has the right idea.. follow the money…are they sharing their tax avoidance benefits with politicians and or political parties?

  10. graybul

    No matter how you cut it , , , legit or otherwise. In the eyes of a PAYG Peon, this is genuine gut wrenching resentment!

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