Senate debates

Thursday, 3 December 2015

Bills

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

6:41 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

I am grateful to the minister for his answer. The other question is this. My understanding of my amendment was that it would apply to a company even if it did not have overseas activities, as long as it had a turnover of $1 billion or more. Does the agreement that the government will agree to, that it will support the Australian Greens amendment, only apply to a company that is multinational in its operation?

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