Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORELarge corporate tax receipts up by $6.6bn
An increase in large corporates paying tax and strong commodity prices saw a $6.6 billion increase in tax intake, the ATO’s latest corporate tax transparency report shows.
The ATO’s fifth annual report on corporate tax transparency shows that 2,214 of Australia’s largest companies paid $52.3 billion in income tax in 2017–18, contributing to over 60 per cent of all corporate tax paid in that year.
Read more at Accountants Daily.
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