Senate debates
Thursday, 3 December 2015
Bills
Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee
5:14 pm
Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source
The answer is, yes, as per section 3CA(5)(b) of the proposed amendment. The general purpose account requirements will apply to the entity, or the entity and other members of the group.
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