Billions of dollars, none of it taxed: ATO reveals the tech giants paying zero income tax

Database names big companies – including Microsoft subsidiary and Netflix – that pay little corporate tax but notes there could be legitimate reasons Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Microsoft’s datacentre business, Optus parent Singtel and major coal and gas companies…

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Database names big companies – including Microsoft subsidiary and Netflix – that pay little corporate tax but notes there could be legitimate reasons

Microsoft’s datacentre business, Optus parent Singtel and major coal and gas companies are among a group of large corporations generating billions of dollars in revenue in Australia while paying zero income tax.

Well-known multinationals including Netflix also only pay tax on a small fraction of their turnover, according to the Australian Taxation Office.

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