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Pharma's Aussie revenues revealed
Posted 18 November 2024 AM
The declared incomes of pharmas in Australia have been revealed thanks to a Federal Government-mandated report on tax paid by the large companies operating in the country.
The ATO's Corporate Tax Transparency Report 2022-23 published 'total income', 'taxable income', and 'tax payable' for 3,085 entities which have a total income of $100 million or more. This year the threshold for Australian-owned resident private companies fell from $200 million to $100 million.
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Posted 18 November 2024 AM
The declared incomes of pharmas in Australia have been revealed thanks to a Federal Government-mandated report on tax paid by the large companies operating in the country.
The ATO's Corporate Tax Transparency Report 2022-23 published 'total income', 'taxable income', and 'tax payable' for 3,085 entities which have a total income of $100 million or more. This year the threshold for Australian-owned resident private companies fell from $200 million to $100 million.
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