Thursday, 3 December 2015
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee
Acting Deputy President—sorry, Deputy President. I did not mean to demote you.
The CHAIRMAN: Chair, actually, at the moment.
Chair—correct, yes. I just want to make it very clear that we support the principle of removing grandfathering, and it is very easy for the Labor Party to vote for this tonight when they have refused to publicly make a comment on this in the debate in recent weeks, but it will destroy this bill tonight, which is delivering an outcome on multinational tax avoidance. We support the principle and we congratulate Senator Muir for raising this issue, but we will not be supporting his amendment tonight.
The CHAIRMAN: I will put the question again so everyone is clear. The question is that the committee does not insist on amendment (1), with which the House has disagreed.
Question agreed to.
The CHAIRMAN: The next question—because we have split the questions—is that the committee does not insist on amendment (2), with which the House has disagreed.