Summary

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The 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
Dio Wang WA Palmer United Party No
Stephen Parry Tasmania President No
Totals (80% turnout) 34 Yes – 27 No