Senate debates

Thursday, 3 December 2015

Bills

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

6:40 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Senator Xenophon, I believe that I have, in essence, answered a similar question by you before. What I indicated to you before was that normal auditing rules will continue to apply, requiring auditors, of course, to conduct audits and to be rotated every five years, pursuant to the Corporations Act.

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