Senate debates

Tuesday, 10 November 2015

Bills

Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee

6:55 pm

Photo of Sam DastyariSam Dastyari (NSW, Australian Labor Party) Share this | Hansard source

Labor will not be supporting this amendment. I note that we did support a very similar amendment in the name of Senator Xenophon moments earlier. The only real material difference appears to be a threshold of either $1 billion or a $500 million threshold. Labor feels that the $1 billion threshold is a more reasonable one than the $500 million one, but we note just how similar these two amendments are.

The CHAIRMAN: The question is that amendment (2) on sheet 7787 be agreed to.

Question negatived.

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