House debates

Wednesday, 14 October 2015

Questions without Notice

Taxation

3:07 pm

Photo of Mark DreyfusMark Dreyfus (Isaacs, Australian Labor Party, Shadow Attorney General) Share this | Hansard source

My question is to the Prime Minister. I refer to the Zebedee Growth Fund, one of the Prime Minister's many Cayman Island investments declared on the register. The fund is headquartered at Ugland House, an address shared with 19,000 other companies, prompting US President Obama to say, in May 2009:

… either this is the largest building in the world or the largest tax scam in the world.

Does the Prime Minister have the same position as President Obama? Is he concerned by Australians not paying their fair share of tax by investing in the Cayman Islands?

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