edited
8th Jan 2016
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 - in Committee - Discretion to prevent disclosure of tax information
Passed by a small majority
No rebellions 80% attendance
10th Nov 2015, 6:51 PM – Senate Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 - in Committee - General purpose financial report
Summary
EditThe majority voted in favour of an amendment moved by Independent Senator Nick Xenophon.
This amendment would require all companies (both Australian and international) with a revenue of $1 billion a year or more to give a general purpose financial report rather than a special purpose financial report, "which are scant in their detail" (see Xenophon's full explanation).
What does the bill do?
The bill strengthens the laws against tax avoidance for certain companies. For example, it introduces anti-avoidance measures to deal with multinational companies with an annual global income of more than $A1 billion that use schemes to avoid having to pay tax in Australia or at least reduce that tax to a minimum.
To learn more about the bill, see the bills digest.
Votes Passed by a small majority
Nobody rebelled against their party.
| Party | Votes | |
|---|---|---|
| Australian Greens (90% turnout) | 9 Yes – 0 No | |
| Richard Di Natale Victoria | Yes | |
| Sarah Hanson-Young SA | Yes | |
| Nick McKim Tasmania | Yes | |
| Lee Rhiannon NSW | Yes | |
| Janet Rice Victoria | Yes | |
| Rachel Siewert WA | Yes | |
| Robert Simms SA | Yes | |
| Larissa Waters Queensland | Yes | |
| Peter Whish-Wilson Tasmania | Yes | |
| Scott Ludlam WA | Absent | |
| Australian Labor Party (79% turnout) | 19 Yes – 0 No | |
| Carol Brown Tasmania | Yes | |
| Joe Bullock WA | Yes | |
| Doug Cameron NSW | Yes | |
| Kim Carr Victoria | Yes | |
| Stephen Conroy Victoria | Yes | |
| Sam Dastyari NSW | Yes | |
| Alex Gallacher SA | Yes | |
| Katy Gallagher ACT | Yes | |
| Chris Ketter Queensland | Yes | |
| Sue Lines WA | Yes | |
| Joe Ludwig Queensland | Yes | |
| Jenny McAllister NSW | Yes | |
| Claire Moore Queensland | Yes | |
| Deborah O'Neill NSW | Yes | |
| Nova Peris NT | Yes | |
| Helen Polley Tasmania | Yes | |
| Lisa Singh Tasmania | Yes | |
| Glenn Sterle WA | Yes | |
| Anne Urquhart Tasmania | Yes | |
| Catryna Bilyk Tasmania | Absent | |
| Jacinta Collins Victoria | Absent | |
| Anne McEwen SA | Absent | |
| Jan McLucas Queensland | Absent | |
| Penny Wong SA | Absent | |
| Ricky Muir Victoria Australian Motoring Enthusiast Party | Yes | |
| Nigel Scullion NT Country Liberal Party | No | |
| Gavin Marshall Victoria Deputy President | Yes | |
| Bob Day SA Family First Party | No | |
| Jacqui Lambie Tasmania Independent | Yes | |
| Glenn Lazarus Queensland Independent | Yes | |
| John Madigan Victoria Independent | Yes | |
| Nick Xenophon SA Independent | Yes | |
| David Leyonhjelm NSW Liberal Democratic Party | No | |
| Liberal National Party (100% turnout) | 0 Yes – 2 No | |
| Matthew Canavan Queensland | No | |
| James McGrath Queensland | No | |
| Liberal Party (72% turnout) | 0 Yes – 18 No | |
| Eric Abetz Tasmania | No | |
| Christopher Back WA | No | |
| Cory Bernardi SA | No | |
| Simon Birmingham SA | No | |
| David Bushby Tasmania | No | |
| Michaelia Cash WA | No | |
| Mathias Cormann WA | No | |
| Sean Edwards SA | No | |
| David Fawcett SA | No | |
| Concetta Fierravanti-Wells NSW | No | |
| Mitch Fifield Victoria | No | |
| David Johnston WA | No | |
| Jo Lindgren Queensland | No | |
| Linda Reynolds WA | No | |
| Michael Ronaldson Victoria | No | |
| Anne Ruston SA | No | |
| Scott Ryan Victoria | No | |
| Zed Seselja ACT | No | |
| George Brandis Queensland | Absent | |
| Richard Colbeck Tasmania | Absent | |
| Bill Heffernan NSW | Absent | |
| Ian Macdonald Queensland | Absent | |
| Marise Payne NSW | Absent | |
| Arthur Sinodinos NSW | Absent | |
| Dean Smith WA | Absent | |
| National Party (50% turnout) | 0 Yes – 2 No | |
| Bridget McKenzie Victoria | No | |
| John Williams NSW | No | |
| Fiona Nash NSW | Absent | |
| Barry O'Sullivan Queensland | Absent | |
| Nick Xenophon SA Nick Xenophon Team | Absent | |
| Dio Wang WA Palmer United Party | No | |
| Stephen Parry Tasmania President | No | |
| Totals (80% turnout) | 34 Yes – 27 No |
Turnout is the percentage of members eligible to vote that did vote.