Senate debates

Thursday, 3 December 2015

Bills

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

6:42 pm

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

No; I think the minister is trying to be genuinely helpful on this. If an Australian based company has a turnover of $1 billion or more and it does not have any overseas subsidiaries—it is based here—is that covered in the amendment that the government is supporting?

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