Murdoch’s media pay least tax

Original article by Neil Chenoweth
The Australian Financial Review – Page: 9 : 6-Jan-16

Data from the Australian Taxation Office shows that 10 media companies paid no income tax in Australia in 2014. Eight of these companies are either owned or partly-owned by members of the Murdoch family. These include Ten Network, Nova Entertainment and two companies owned by News Corporation. Nine Entertainment Company and BBC Worldwide Australia Holdings also paid no tax in 2014, while Fairfax Media’s total tax bill for the year was $A16m.

CORPORATES
AUSTRALIAN TAXATION OFFICE, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TEN NETWORK HOLDINGS LIMITED – ASX TEN, NOVA ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, BBC WORLDWIDE AUSTRALIA HOLDINGS, FAIRFAX MEDIA LIMITED – ASX FXJ, FOXTEL MANAGEMENT PTY LTD, NEWS AUSTRALIA HOLDINGS PTY LTD, NEWS AUSTRALIA INVESTMENTS PTY LTD, NEWS PAY TV FINANCING PTY LTD, 21ST CENTURY FOX INCORPORATED, APN NEWS AND MEDIA LIMITED – ASX APN, REA GROUP LIMITED – ASX REA, FOXTEL HOLDINGS PTY LTD, XYZNETWORKS PTY LTD, FOX FILMED ENTERTAINMENT AUSTRALIA PTY LTD, SHINE AUSTRALIA HOLDINGS PTY LTD

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