Big firms paid no tax in 2016, Tax Office says

By Peter Martin
Updated December 9 2017 - 10:43am, first published December 8 2017 - 7:16pm
News Corporation chairman Rupert Murdoch.  Photo: AP
News Corporation chairman Rupert Murdoch. Photo: AP

Rupert Murdoch's News Corporation paid no tax whatsoever in 2015-16 on an Australian income of $2.9 billion. Its competitor Fairfax Media, owner of The Age and The Sydney Morning Herald, paid $16 million on a lower income of $1.48 billion.