{"id":848881,"date":"2026-08-09T07:46:13","date_gmt":"2026-08-09T07:46:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/848881\/"},"modified":"2026-08-09T07:46:13","modified_gmt":"2026-08-09T07:46:13","slug":"oecd-report-shows-australias-corporate-tax-is-near-highest-too-high-says-kpmgs-brendan-rynne","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/848881\/","title":{"rendered":"OECD report shows Australia\u2019s corporate tax is near highest; too high, says KPMG\u2019s Brendan Rynne"},"content":{"rendered":"<p>Only one developed country imposes a higher corporate tax rate than Australia, new OECD figures show, fuelling warnings Australia\u2019s company tax settings are deterring foreign investors and weighing on living standards.<\/p>\n<p>The OECD\u2019s annual corporate tax report showed Australian companies paid an effective average tax rate of 28.5 per cent on their income last year, <a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p5jmg0\" rel=\"nofollow noopener\" target=\"_blank\">higher than the OECD average<\/a> of 22 per cent, and beaten only by Colombia, where companies faced an effective rate of 32.9 per cent.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Only one developed country imposes a higher corporate tax rate than Australia, new OECD figures show, fuelling warnings&hellip;\n","protected":false},"author":2,"featured_media":848882,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-848881","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/848881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=848881"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/848881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/848882"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=848881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=848881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=848881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}