Senate debates

Tuesday, 26 November 2024

Bills

Taxation (Multinational — Global and Domestic Minimum Tax) Bill 2024, Taxation (Multinational — Global and Domestic Minimum Tax) Imposition Bill 2024, Treasury Laws Amendment (Multinational — Global and Domestic Minimum Tax) (Consequential) Bill 2024; In Committee

10:38 pm

Photo of Tim AyresTim Ayres (NSW, Australian Labor Party, Assistant Minister for Trade) Share this | Hansard source

This government respects the Senate. We love the Senate—all of it. We love the Senate processes and we love the committee process. We listen intently and we listen to the business community and to stakeholders, and we're always looking for opportunities to improve legislation—and we don't get snarky about it when there are opportunities to do that—and that's what we've done.

Question agreed to.

Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024 and Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024, as amended, agreed to; Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 agreed to.

Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024 and Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024 reported with amendments; Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 reported without amendment or request; report adopted.

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