Fun with Tax

This is an old image (from 2015) but the logic applies.

This is a very useful report, as it lists tax actually paid by corporates in Australia in the 2015-16 financial year.

I'm posting it here, gentle reader, as it provides opportunities for you to digest this information, compare it with what you pay in tax on your income, and come to conclusions about the situation.

You may even be encouraged to take some form of action. It would, in theory, be possible to boycott the zero payers. There's plenty of them.

Now, I would never suggest that of course, as I'd probably end up on the end of a law suit, but it is easy to identify these corporations from the list on the web page.

You could, for example (using most browsers - Firefox provides it) take advantage of the "find on the page" feature and type in the name of the corporation you're considering doing business with. Armed with the info as to how much tax they're contributing to the nation's coffers you can then decide whether to spend your hard-earned with them, or choose a competitor who pays an acceptable rate of tax on income earned in Oz.

Personally, I'd have a problem with any entity that pays a lower percentage of tax than I, as a PAYE citizen does.

It's called free choice.

Have fun......