Senate debates Bills

Taxation (Multinational — Global and Domestic Minimum Tax) Bill 2024, Taxation (Multinational — Global and Domestic Minimum Tax) Imposition Bill 2024, Treasury Laws Amendment (Multinational — Global and Domestic Minimum Tax) (Consequential) Bill 2024; In Committee


Tim Ayres

Tim Ayres NSW, Australian Labor Party, Assistant Minister for Trade

10:38 pm

This government respects the Senate. We love the Senate—all of it. We love the Senate processes and we love the committee process. We listen intently and we listen to the business community and to stakeholders, and we're always looking for opportunities to improve legislation—and we don't get snarky about it when there are opportunities to do that—and that's what we've done.

Question agreed to.

Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024 and Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024, as amended, agreed to; Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 agreed to.

Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024 and Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024 reported with amendments; Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 reported without amendment or request; report adopted.

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