Transparency Report: ATO collects $100 billion from large corporates
#1

"ATO collects $100 billion from large corporates
The ATO has published the tenth annual Corporate tax transparency report.

Last updated 1 November 2024
The Australian Taxation Office (ATO) has published the tenth annual Corporate tax transparency (CTT) report revealing the ATO received $97.9 billion in income tax from large corporates, up 16.7% from the previous year.

ATO Deputy Commissioner Rebecca Saint reflected on another record year of tax paid by large corporates."
https://www.ato.gov.au/media-centre/ato-...corporates.
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#2

"ATO settles dispute over Singapore hub

ATO Deputy Commissioner Rebecca Saint welcomed the ASX announcement from Ampol, noting the settlement shows the ATO’s commitment to working with multinationals to ensure full compliance with the Australian tax regime.

The settlement resolves the dispute for past years back to 2014 for $157 million. Importantly, it also locks in the tax outcomes of the arrangement out to 2033."
https://www.ato.gov.au/media-centre/ato-...0to%202033.
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