In financial year 2023, the estimated net company tax paid in the minerals sector in Australia was 42.52 billion Australian dollars. This was driven by increases in corporate profits for that year, typically influenced by commodity prices.
Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023
(in million Australian dollars)
All values are estimated. The estimate for the financial year 2022 includes an additional downward adjustment to the minerals sector company tax estimates based on oil and gas and coal losses incurred in financial year 2021.
In New Zealand, the financial year runs from April 1 to March 31. That means, the financial year 2023 starts on April 1, 2022, and ends on March 31, 2023.
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Minerals Council of Australia. (May 21, 2024). Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023 (in million Australian dollars) [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/
Minerals Council of Australia. "Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023 (in million Australian dollars)." Chart. May 21, 2024. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/
Minerals Council of Australia. (2024). Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023 (in million Australian dollars). Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/
Minerals Council of Australia. "Value of Net Company Tax Paid in The Minerals Sector in Australia from Financial Year 2014 to 2023 (in Million Australian Dollars)." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/
Minerals Council of Australia, Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023 (in million Australian dollars) Statista, https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/ (last visited January 03, 2025)
Value of net company tax paid in the minerals sector in Australia from financial year 2014 to 2023 (in million Australian dollars) [Graph], Minerals Council of Australia, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1406729/australia-company-tax-paid-in-minerals-sector/
