Top ten Aust companies paying no tax

Qantas tops the list of the ten biggest earning Australian companies, which recorded no taxable income or tax payable in 2013/14.

TOP 10 AUSTRALIAN COMPANIES WHICH DIDN'T PAY TAX

Firms are listed in descending order, alongside 2013/14 annual income**.

*Qantas Airways, earned 14.9 billion

*GHP 104 160 689 Pty Ltd, earned $11.731 billion

*ExxonMobil Australia, earned $9.617 billion

*Lend Lease Corporation, earned $7.683 billion

*Citic Resources, earned $5.051 billion

*Mitsubishi Development, earned $4.615 billion

*Glencore Investment, earned $4.612 billion

*Hope Downs Marketing, earned $4.445 billion

*Virgin Australia, earned $4.3 billion

*General Motors Australia, earned $4.138 billion

(**Please note: income is not the same as profit. Some firms on this list did not make a profit in the financial year.)

(Source: ATO)


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Source: AAP



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