Which media companies paid the most (and the least) tax?
Netflix paid no tax in Australia (Oscar Vargas)
New figures reveal which big media, marketing, advertising and tech groups paid the most tax to the Australian government, and which paid nothing at all.
The figures reveal Google’s local operation paid $132.4 million in tax off a total income of $2.08 billion, and a taxable income of $483.2 million. Google Cloud Australia, meanwhile, paid a further $732,985 from a taxable income of $2.4 million. Its total earnings were $169.7 million.
Of the other international tech giants operating on Australian shores, Facebook Australia paid $38.6 million off earnings of $1.36 billion, and a taxable income of $128.8 million.
Amazon’s various operations were split across numerous ABNs (Australian Business Numbers), with Amazon Web Services earning $3.43 billion, and paying $61 million off a taxable income of $203.5 million. Amazon Commercial Services raked in a further $3.12 billion, but its taxable income was only $83 million, leading to a tax bill of $24.9 million. Amazon Corporate Services, meanwhile, had a total income of $1.21 billion, with a $69.9 million tax bill from a taxable income of $233.1 million.