Senate debates

Tuesday, 16 June 2020

Questions without Notice


2:21 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

Every business in Australia that makes taxable income has to comply with Australian tax laws and pay income tax according to our laws. I'm not going to discuss the tax affairs of individual taxpayers. That wouldn't be appropriate. Furthermore, you do know, of course, that tender decisions are not made by the government of the day. They're made following a proper, rigorous tender process, appropriately at arm's length from the government of the day—I think you would expect that to happen—and based on a proper assessment of the relative merits of specific proposals. In Australia, businesses are not taxed on their revenue. They're taxed based on their taxable income, and on that basis, of course, every business must comply with our tax laws.


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