jantimot; Business Welfare includes but is not limited to: tax rates massively lower than those for PAYE taxpayers, direct negotiation of tax obligations with the ATO [ie sweetheart deals NOT available to PAYE taxpayers], $Grants, $Rebates, $Incentives, $Deductions, $Asset Writedowns, $Losses, $Concessions .....
Consequently and according to no less than official ATO data, roughly one third of ASX listed corporations pay $NO $TAx whatsoever on $earnings of $BILLIONS - clearly; they're Australia's real leaners, loafers and bludgers!
As to how much $Tax is ever paid by in Australia by Glencore and News Corps ... Australia can do without that crap!
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Half the Australian businesses that got a tax cut have banked the cash Half the Australian businesse, page-75
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