Senate debates 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


Kim Carr

Kim Carr Victoria, Australian Labor Party, Shadow Minister for Industry

6:18 pm

The costings for the proposal indicate that the increase in spending by international companies will be the same for every year—that is, $222 million. Can you explain to the committee what allowances were made for behavioural changes by multinational companies in response to this measure?

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