10 Nov 2015 · 6:51 PM · Division 2
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015
- Official title
- Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 - in Committee - General purpose financial report
Ayes in the majority
This says only which side won the vote, because what Aye and No meant here depends on the exact question put in the chamber.
- Aye
- 34
- No
- 27
- Not recorded voting
- 15
“Not recorded voting” is everyone eligible who isn't recorded as Aye or No, for example absent, paired, or presiding.
What was decided
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.
Summary written by They Vote For You contributors. Read it with the debate
Policies this vote counts towards
- Increasing transparency of big business by making information publicSupporters vote Aye
- Stopping tax avoidance or aggressive tax minimisationSupporters vote Aye
Votes by party
Votes by party as a table
| Party | Aye | No |
|---|---|---|
| Australian Labor Party | 19 | 0 |
| Liberal Party | 0 | 18 |
| Australian Greens | 9 | 0 |
| Liberal National Party | 0 | 2 |
| National Party | 0 | 2 |
| Palmer United Party | 1 | 1 |
| Australian Motoring Enthusiast Party | 1 | 0 |
| Country Liberal Party | 0 | 1 |
| Deputy Senate President | 0 | 1 |
| Democratic Labor Party | 1 | 0 |
| Family First Party | 0 | 1 |
| Independent | 1 | 0 |
| Jacqui Lambie Network | 1 | 0 |
| Liberal Democratic Party | 0 | 1 |
| Senate President | 1 | 0 |
How each member voted
Aye · 34
- Richard Di NataleVictoria · Greens
- Sarah Hanson-YoungSA · Greens
- Nick McKimTasmania · Greens
- Lee RhiannonNSW · Greens
- Janet RiceVictoria · Greens
- Rachel SiewertWA · Greens
- Robert SimmsSA · Greens
- Larissa WatersQueensland · Greens
- Peter Whish-WilsonTasmania · Greens
- Carol BrownTasmania · Labor
- Joe BullockWA · Labor
- Doug CameronNSW · Labor
- Kim CarrVictoria · Labor
- Stephen ConroyVictoria · Labor
- Sam DastyariNSW · Labor
- Alex GallacherSA · Labor
- Katy GallagherACT · Labor
- Chris KetterQueensland · Labor
- Joe LudwigQueensland · Labor
- Gavin MarshallVictoria · Labor
- Jenny McAllisterNSW · Labor
- Claire MooreQueensland · Labor
- Deborah O'NeillNSW · Labor
- Nova PerisNT · Labor
- Helen PolleyTasmania · Labor
- Lisa SinghTasmania · Labor
- Glenn SterleWA · Labor
- Anne UrquhartBraddon · Labor
- Ricky MuirVictoria · Motoring Enthusiast
- John MadiganVictoria · Labor
No · 27
- Nigel ScullionNT · CLP
- Stephen ParryTasmania · Deputy Senate President
- Bob DaySA · Family First
- David LeyonhjelmNSW · Liberal Democrats
- Matthew CanavanQueensland · LNP
- James McGrathQueensland · LNP
- Eric AbetzTasmania · Liberal
- Christopher BackWA · Liberal
- Cory BernardiSA · Liberal
- Simon BirminghamSA · Liberal
- David BushbyTasmania · Liberal
- Michaelia CashWA · Liberal
- Mathias CormannWA · Liberal
- Sean EdwardsSA · Liberal
- David FawcettSA · Liberal
- Concetta Fierravanti-WellsNSW · Liberal
- Mitch FifieldVictoria · Liberal
- David JohnstonWA · Liberal
- Jo LindgrenQueensland · Liberal
- Linda ReynoldsWA · Liberal
- Michael RonaldsonVictoria · Liberal
- Anne RustonSA · Liberal
- Scott RyanVictoria · Liberal
- Zed SeseljaACT · Liberal
- Bridget McKenzieVictoria · Nationals
- John WilliamsNSW · Nationals
- Dio WangWA · Palmer United
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