Posts tagged "fossil fuel companies paying tax"

Few Australians appear to know about the failure of multinational fossil fuel companies to pay anything to Australians for the privilege of making tens of billions from the sale of Australia’s oil and gas reserves.

In an election where we face massive deficits and a trillion-dollar debt, why aren't we talking about taxing the windfall profits of offshore gas companies?

The ATO's tax transparency report for 2019-20 shows the three biggest fossil fuel climate culprits collectively paid $176 million in company tax off revenue of nearly $28 billion.