Senate debates

Wednesday, 11 November 2015

Bills

Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee

10:11 am

Photo of Concetta Fierravanti-WellsConcetta Fierravanti-Wells (NSW, Liberal Party, Assistant Minister for Multicultural Affairs) Share this | Hansard source

Perhaps I can put it in this way: Treasury provided advice in relation to what the Labor Party put out there. So my response is that I am advised that the Treasury advice was sought on the work that was done by the Parliamentary Budget Office. My understanding is that work was dismissed because of its failure to take into account and look at behavioural implications necessary for an appropriate quantifiable estimation.

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