Thursday, 3 December 2015
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee
We will be opposing. Senator Di Natale, I have a point of clarification. You have moved the motion:
At the end of the motion, add:
but agrees to the amendments (2) and (4), circulated in my name, on sheet 7836, which replaces amendment (2), with which the House has disagreed.
Is that what you have moved?
The CHAIRMAN: I can tell you the question before the chair at the moment is that Senator Di Natale's amendments (2) and (4) on sheet 7836, which replace amendment (2), with which the House has disagreed, be agreed.
Thank you. I am going to keep my remarks here very brief. I believe we have had a very long general discussion that has actually tackled a lot of the issues relating to these amendments. I want to make it clear to the Senate, however, what is about to go on here. This is the amendment moved in the name of Senator Di Natale which removes the amendments that had been earlier added to this legislation by the Greens and replaces them with what will be in our opinion—or, I think, a matter of fact—a watered down version in relation to the matter of the threshold but also in relation to the matter of the SP reporting.
Are these the amendments that relate to the threshold being changed from what was earlier $100 million and also the SP reporting, or is it jus the SP reporting?