Senate debates

Tuesday, 18 September 2007

Tax Laws Amendment (2007 Measures No. 4) Bill 2007; Taxation (Trustee Beneficiary Non-Disclosure Tax) Bill (No. 1) 2007; Taxation (Trustee Beneficiary Non-Disclosure Tax) Bill (No. 2) 2007; Tax Laws Amendment (2007 Measures No. 5) Bill 2007

In Committee

6:17 pm

Photo of Kim CarrKim Carr (Victoria, Australian Labor Party, Shadow Minister for Industry) Share this | Hansard source

The costing equates to $222 million in eligible expenditure each year. How was that $222 million expenditure calculated? How many international firms have subsidiaries in Australia that could potentially benefit from this change? How would that change if they chose to increase their spending?

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