Australia Tax Agency Posts 2025-2026 Corporate Income Tax Rates for Various Entities

The Australian Taxation Office March 19 updated the corporate income tax rates for various entities in 2025-2026. The update includes: 1) specified rates for life insurance companies, including a 30 percent rate on ordinary income, and a 15 percent rate on the complying superannuation class of income; 2) rates for retirement savings account (RSA) providers other than life insurance providers, including a 15 percent rate on the RSA component of taxable income, the 32 percent additional tax on no-tax file number (TFN) contribution income, and the 25 percent and 30 percent rates on the standard component of taxable income for ...