Jonathon Duniam
I move:
That there be laid on the table by the Minister representing the Treasurer, by no later than midday on Monday, 27 November 2023:
(a) any correspondence between the Victorian Treasurer and the Federal Treasurer, since 1 June 2022, on the potential and/or actual impact on the forestry sector of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Bill 2023, and related matters;
(b) any correspondence between the South Australian Treasurer and the Federal Treasurer, since 1 June 2022, on the potential and/or actual impact on the forestry sector of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Bill 2023, and related matters; and
(c) a copy of any modelling undertaken by the Treasury on the potential and/or actual impact on the forestry sector of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Bill 2023.
Jenny McAllister
I seek leave to make a short statement.
Sue Lines
Leave is granted for one minute.
Jenny McAllister
The Albanese government wishes to ensure that multinationals pay their fair share of tax in Australia. We're improving compliance, closing tax loopholes and enhancing transparency to ensure that there's money for the services that Australians expect and to level the playing field for Australian small businesses. Australians rightly expect that all taxpayers, from the largest multinationals to individuals, pay their fair share of tax, and we're consulting with industry and across the community on how we target tax avoidance without constraining legitimate commercial arrangements. We've been grateful for the engagement of industry in providing meaningful feedback on the principles, plans and draft legislation, and we want to arrive at an end point that balances compliance with public expectations that our multinational tax settings are fair and effective.
Sue Lines
The question is that general business notice of motion No. 368 standing in the name of Senator Duniam be agreed to.
Summary
Date and time: 5:00 PM on 2023-11-08
Senator Pocock's vote: Aye
Total number of "aye" votes: 41
Total number of "no" votes: 19
Total number of abstentions: 16
Adapted from information made available by theyvoteforyou.org.au