Huon Salmon's Parent Company JBS Caught Out Paying No Tax

Australian Greens

The parent company of Huon Salmon, Brazilian meat giant JBS, has been exposed as the largest company in Australia by revenue to pay no corporate tax in 2023-24.

JBS reported an income of almost $20 billion and paid no corporate tax according to the Australian Taxation Office's corporate tax transparency report.

Greens Senator for Tasmania Nick McKim said the revelations show how parasitic the salmon industry has become.

"Huon Salmon's parent company pulled in nearly $20 billion and didn't pay a cent in corporate tax. That's taking the piss," Senator McKim said.

"It's nothing short of scandalous that JBS pays no corporate tax while profiting from a business model based on animal cruelty, destroying marine ecosystems, killing dolphins and polluting coastlines."

"Tasmanians are paying the price for this parasitic industry twice over, with trashed waterways and lost revenue for schools and hospitals."

"Working people don't get to dodge tax. But big salmon keep lining its pockets while Labor and the Liberals let them off the hook."

"The Greens will keep fighting to make corporations like JBS pay their fair share so we can fund housing, health, education and the services our communities rely on."

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