Matt Thistlethwaite (Kingsford Smith, Australian Labor Party, Shadow Assistant Minister for Treasury) Share this | Hansard source

The Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 contains four tax integrity measures. Schedule 1 goes to toughening the multinational anti-avoidance law; schedule 2 goes to improving the integrity of small business capital gains tax concessions; schedule 3 is about fintech and venture capital amendments; and, finally, schedule 4 goes to tax exemption for payments made under the Defence Force Ombudsman Scheme. Labor supports schedules 1 and 4.

I move:

That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading, the House notes the Coalition Government's failure to ensure tax integrity by improving tax haven transparency".

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