Senate debates

Wednesday, 11 November 2015

Bills

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

9:54 am

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

You did not answer my question, Minister. The legislation I am talking about is the legislation around tax disclosure which we have been talking about for nearly two hours—around transparency. We discussed it at length yesterday. I understand you were not here for this. It has been called other things by, for example, those in the media—amendments for the coalition's rich mates and other things like that. There are lots of different terms we could call this if you do not want to use the technical term for it. Let us call it the Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015. That is the specific bill that I am asking you to refer to. I want to know what motivated the coalition to bring forward this amendment to the existing laws. It essentially shields wealthy individuals in this country from providing very basic tax information.

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