Australia corporate tax rate
Standard (full) Australian company income tax rate on taxable income for the 2026-27 income year.
| Current value | 30 percent |
|---|---|
| In force from | 2021-07-01 |
| Official source | Income Tax Rates Act 1986 (Cth) s.23 and Sch 7; Australian Taxation Office, 'Changes to company tax rates' (full rate 30%, base rate entity rate 25% from 2021-22 onwards) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
30% is the statutory full company rate and applies to every company that is not a base rate entity. THE 25% BASE RATE ENTITY (BRE) RATE: a company pays 25% for an income year if BOTH (a) its aggregated turnover for that year is below the aggregated turnover threshold of AUD 50 million, and (b) no more than 80% of its assessable income for that year is 'base rate entity passive income' (corporate distributions and franking credits, royalties, rent, interest, gains on qualifying securities, net capital gains, and trust/partnership amounts referable to those). The 80% passive income test means a passive investment or property-holding company under AUD 50m turnover still pays 30%. The BRE rate has been 25% since the 2021-22 income year (27.5% for 2017-18 to 2019-20, 26% for 2020-21); the AUD 50m threshold has been unchanged since 2018-19. No change was legislated for 2026-27. FLAT, NOT PROGRESSIVE - there is no tax-free threshold or graduated scale for companies. The rate also drives the maximum franking credit rate under Australia's dividend imputation system, so a BRE franks at 25% and a full-rate company at 30%; resident shareholders ultimately pay tax on distributed profits at their own marginal rate. SEPARATE REGIMES NOT BLENDED INTO THIS VALUE: the Petroleum Resource Rent Tax (40% on upstream petroleum profits, with a deductions cap from 1 July 2023); the 15% domestic minimum top-up tax and Income Inclusion Rule under Australia's Pillar Two rules (Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024) for groups with EUR 750m+ global revenue; superannuation funds taxed at 15%; and diverted profits tax at 40%. Australian companies pay no separate federal surtax and no state or territory company income tax - state imposts are payroll tax, land tax and stamp duty, which are deductible business costs rather than additions to this rate, so 30% is both the nominal and the combined statutory headline. ACCESS QUIRK: ato.gov.au returns HTTP 403 to automated fetchers; read via a plain-text rendering proxy of the same official URL.
Get it programmatically
curl https://ausref.dev/v1/au/corporate-tax
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://ausref.dev/v1/au/corporate-tax/history?from=2020-01-01
# Provenance: curl https://ausref.dev/provenance/au/corporate-taxOther Australia series: policy interest rate · VAT rate · minimum wage · public holidays · inflation rate (CPI) · income tax rates