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representatives vote 2015-09-14#2

Edited by mackay

on 2015-11-12 13:20:26

Title

Description

  • The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
  • However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
  • ### Bill's main idea
  • The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
  • The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
  • The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argued that this bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
  • ### What 'tax information' is currently made public?
  • Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
  • * ABN and name;
  • * total annual income;
  • * annual taxable income or net income (if any); and
  • * annual income tax payable (if any).
  • See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
  • ### Background to the bill
  • The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2

Edited by mackay

on 2015-11-12 12:59:40

Title

Description

  • The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
  • However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
  • However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
  • ### Bill's main idea
  • The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
  • The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
  • ### What 'tax information' is currently made public?
  • Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
  • * ABN and name;
  • * total annual income;
  • * annual taxable income or net income (if any); and
  • * annual income tax payable (if any).
  • See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
  • ### Background to the bill
  • The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2

Edited by mackay

on 2015-11-12 12:59:21

Title

Description

  • The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
  • However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
  • ### Bill's main idea
  • The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
  • The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
  • ### What 'tax information' is currently made public?
  • Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
  • * ABN and name;
  • * total annual income;
  • * annual taxable income or net income (if any); and
  • * annual income tax payable (if any).
  • See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
  • ### Background to the bill
  • The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2

Edited by mackay

on 2015-11-05 15:30:42

Title

  • Bills — Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015; Second Reading
  • Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015 - Second Reading - Agree with the bill's main idea

Description

  • <p class="motion-notice motion-notice-notext">No motion text available</p>
  • The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
  • ### Bill's main idea
  • The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
  • The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
  • ### What 'tax information' is currently made public?
  • Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
  • * ABN and name;
  • * total annual income;
  • * annual taxable income or net income (if any); and
  • * annual income tax payable (if any).
  • See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
  • ### Background to the bill
  • The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).