Microsoft’s datacentres and Optus owner among firms paying zero tax on billion

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Intelligence Network • Data Science • AI Research • World News
Published: 2026-10-01T02:40:31.917Z • Permanent link

Microsoft's subsidiary, GitHub, and Optus, the Australian telecommunications company, are among the big companies that have paid zero corporate tax in Australia, according to the Australian Taxation Office (ATO) database. The data, released in June 2022, revealed that these two companies, along with Netflix, paid little or no corporate tax in the 2019-2020 financial year. The ATO database names companies that have paid less than $10 million in corporate tax, which can be a legitimate reason for companies to pay little tax, but it has raised questions about the tax policies and the fairness of the system.

The data is significant because it highlights the growing trend of multinational corporations avoiding corporate tax in Australia. The ATO database has revealed that in 2019-2020, only 31 companies paid corporate tax, out of a total of 3,000 companies listed. The data also shows that the majority of companies that paid little or no tax are multinational corporations, such as Apple, Amazon, and Google. The data has sparked a heated debate about the tax policies and the need for reform.

The Australian government has been criticized for its tax policies, which are seen as favoring multinational corporations. The data has also raised questions about the effectiveness of the ATO in collecting taxes from big companies. The ATO has defended its methods, saying that it is following the law and that the data is accurate. However, many critics argue that the data is incomplete and that the ATO is not doing enough to collect taxes from big companies.

The revelation that big companies are paying little or no corporate tax in Australia has significant implications for the Global News & Media domain. For researchers and analysts, the data raises questions about the impact of tax policies on the economy and on multinational corporations. The data also has implications for policy makers, who will need to consider the implications of the data on their tax policies and their ability to collect taxes from big companies.

The data also has implications for the media industry, as it highlights the growing trend of multinational corporations avoiding corporate tax. The data has sparked a heated debate about the tax policies and the need for reform, which is likely to continue in the coming months and years. The data also raises questions about the impact of tax policies on the media industry, as many media companies are multinational corporations that are subject to the same tax policies as other big companies.

The data is also significant for the financial community, as it highlights the growing trend of multinational corporations avoiding corporate tax. The data has sparked a heated debate about the tax policies and the need for reform, which is likely to continue in the coming months and years. The data also raises questions about the impact of tax policies on the financial community, as many financial institutions are multinational corporations that are subject to the same tax policies as other big companies.