ExxonMobil says it doesn’t expect to pay any Australian corporate tax until 2021

Amid questions at Senate inquiry over subsidiaries allegedly designed to avoid tax, unions call company a ‘very bad corporate citizen’

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It was one of 732 corporations that paid no corporate tax in the 2015-16 financial year. In fact, the multinational giant has not recorded a taxable income or paid corporate tax in Australia for three years in a row, despite reporting revenue of $9.6bn in 2013-14, $8.5bn in 2014-15 and $6.7bn in 2015-16.

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