Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

The government has done more than any of its predecessors to crack down on corporate tax avoidance. And when the multinational tax avoidance legislation was presented at the end of 2015—legislation which, together with accompanying new laws, has brought $7 billion of revenue back into the Australian corporate tax net—it was the Labor Party that voted against it. The Labor Party then voted on behalf of tax dodgers. That's what they did. They had the opportunity to support us in cracking down on tax avoidance, and they failed to rise to the occasion. We have ensured that we do everything we can to provide businesses with the incentive to invest and to employ. We believe in lower taxes. But we believe that everybody should pay their tax in accordance with the law.

Mr Brendan O'Connor interjecting—

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