House debates

Thursday, 11 February 2016

Questions without Notice

Taxation

2:38 pm

Photo of Kelly O'DwyerKelly O'Dwyer (Higgins, Liberal Party, Minister for Small Business) Share this | Hansard source

it came into effect from 1 January this year and it applies to those structures that existed before this date. But did those opposite vote for it? I ask the question: did they vote for it? No, they did not. They did not vote for it. They sided with corporate tax cheats and they sided with tax dodgers.

The Commissioner of the Australian Taxation Office said yesterday in the Senate estimates: 'The ATO is well-resourced and better positioned globally to deal with tax avoidance. Australia's laws are stronger than ever, and we are determined to secure this revenue for the Australian community.' Those opposite did not act; we acted. We have strengthened the law, and the Australian Taxation Office is acting to collect the tax that is owed to the Australian people. More than 80 taxpayers have fallen within that purview as a result of our laws, 300 are being profiled and tax is being levied.

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