Australian tax office names names in multinational avoidance row

Naming names: Apple paid Aus$74mil (RM230.11mil) tax on its Aus$247mil (RM768.09mil) taxable income, in line with the country's 30% tax rate but a small fraction of the total Aus$6.1bil (RM18.96bil) it made in Australia that year.

SYDNEY: Australian tax authorities took the unprecedented step of publishing the records of hundreds of companies, including Google Inc and Apple Inc, which show they paid little or no tax on their in-country earnings. 

Of more than 1,500 largely foreign-owned companies which reported total earnings over Aus$100mil (RM310.99mil) in the 2014 financial year, more than a third paid no tax, the Australian Taxation Office data showed.