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 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…