Debt collector hired to chase unpaid taxes for the ATO pays zero corporate tax itself

AI Summary
Recoveriescorp, a private debt collector contracted by the Australian Taxation Office (ATO) to pursue unpaid taxes, has reportedly paid no corporate tax itself since securing multi-million dollar government contracts. The company, which collects arrears payments including from welfare recipients, and its parent entity have not paid corporate tax despite recording significant income. According to an analysis of the company's annual accounts, Recoveriescorp's revenue surpassed $100 million in 2023. The ATO contracts Recoveriescorp to collect debts on its behalf. The news outlet is seeking further information regarding this situation.
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