XML 188 R97.htm IDEA: XBRL DOCUMENT v3.23.2
Income Tax Expense - Summary of Factors Affecting Income Tax Expense (Detail) - USD ($)
$ in Millions
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Income tax expense differs to the standard rate of corporation tax as follows:      
Profit before taxation $ 21,401 $ 33,137 $ 24,292
Tax on profit at Australian prima facie tax rate of 30 per cent 6,420 9,941 7,288
Derecognition of deferred tax assets and current year tax losses 526 1,087 2,640
Tax on remitted and unremitted foreign earnings 137 441 485
Foreign exchange adjustments 94 (233) (33)
Tax rate changes     (1)
Amounts (over)/under provided in prior years (18) (80) (57)
Tax effect of profit/(loss) from equity accounted investments, related impairments and expenses (37) (19) 315
Recognition of previously unrecognised tax assets (109) (3) (28)
Impact of tax rates applicable outside of Australia (558) (801) (669)
Other 236 97 436
Income tax expense 6,691 10,430 10,376
Royalty-related taxation (net of income tax benefit) 386 307 240
Total taxation expense $ 7,077 $ 10,737 $ 10,616