The Corporate Tax Rate in Australia stands at 30 percent. source: Australian Taxation Office

Corporate Tax Rate in Australia averaged 35.23 percent from 1981 until 2020, reaching an all time high of 49 percent in 1986 and a record low of 30 percent in 2002. This page provides - Australia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Corporate Tax Rate - values, historical data and charts - was last updated on July of 2021.

Corporate Tax Rate in Australia is expected to reach 30.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Corporate Tax Rate is projected to trend around 30.00 percent in 2022 and 25.00 percent in 2023, according to our econometric models.

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Australia Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 49.00 30.00 1981 - 2021 percent Yearly

Australia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 49.00 30.00 percent [+]
Personal Income Tax Rate 45.00 45.00 47.00 45.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 11.50 11.50 11.50 10.50 percent [+]
Social Security Rate For Companies 9.50 9.50 9.50 9.00 percent [+]
Social Security Rate For Employees 2.00 2.00 2.00 1.50 percent [+]


Australia Corporate Tax Rate
In Australia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Australia.