Division Description Changes — Bills — Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015; Second Reading — 14th Sep 2015

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representatives vote 2015-09-14#2 Edited by mackay staff on 2015-11-12 13:20:26	Title Description The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail. However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not. ### Bill's main idea The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private. The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)). The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argued that this bill "will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)). ### What 'tax information' is currently made public? Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s: * ABN and name; * total annual income; * annual taxable income or net income (if any); and * annual income tax payable (if any). See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information. ### Background to the bill The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2 Edited by mackay staff on 2015-11-12 12:59:40	Title Description The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail. However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not. However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not. ### Bill's main idea The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private. The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)). ### What 'tax information' is currently made public? Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s: * ABN and name; * total annual income; * annual taxable income or net income (if any); and * annual income tax payable (if any). See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information. ### Background to the bill The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2 Edited by mackay staff on 2015-11-12 12:59:21	Title Description The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail. However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not. ### Bill's main idea The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private. The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)). ### What 'tax information' is currently made public? Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s: * ABN and name; * total annual income; * annual taxable income or net income (if any); and * annual income tax payable (if any). See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information. ### Background to the bill The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).
representatives vote 2015-09-14#2 Edited by mackay staff on 2015-11-05 15:30:42	Title Bills — Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015; Second Reading Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015 - Second Reading - Agree with the bill's main idea Description <p class="motion-notice motion-notice-notext">No motion text available</p> The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail. ### Bill's main idea The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private. The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)). ### What 'tax information' is currently made public? Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s: * ABN and name; * total annual income; * annual taxable income or net income (if any); and * annual income tax payable (if any). See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information. ### Background to the bill The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).

Change

Division

representatives vote 2015-09-14#2

Edited by mackay staff

on 2015-11-12 13:20:26

Title

Description

The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
### Bill's main idea
The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argued that this bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
### What 'tax information' is currently made public?
Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
* ABN and name;
* total annual income;
* annual taxable income or net income (if any); and
* annual income tax payable (if any).
See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
### Background to the bill
The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).

representatives vote 2015-09-14#2

Edited by mackay staff

on 2015-11-12 12:59:40

Title

Description

The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
However, [in this case](http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
### Bill's main idea
The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
### What 'tax information' is currently made public?
Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
* ABN and name;
* total annual income;
* annual taxable income or net income (if any); and
* annual income tax payable (if any).
See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
### Background to the bill
The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).

representatives vote 2015-09-14#2

Edited by mackay staff

on 2015-11-12 12:59:21

Title

Description

The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
However, [in this case[(http://www.openaustralia.org.au/debates/?id=2015-09-14.122.1), there wasn't any further discussion and the bill was immediately passed in the House (that is, given a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means it will now be sent to the Senate for them to decide whether to pass it or not.
### Bill's main idea
The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
### What 'tax information' is currently made public?
Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
* ABN and name;
* total annual income;
* annual taxable income or net income (if any); and
* annual income tax payable (if any).
See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
### Background to the bill
The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).

representatives vote 2015-09-14#2

Edited by mackay staff

on 2015-11-05 15:30:42

Title

Bills — Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015; Second Reading
Tax and Superannuation Laws Amendment (Better Targeting the Income Tax Transparency Laws) Bill 2015 - Second Reading - Agree with the bill's main idea

Description

<p class="motion-notice motion-notice-notext">No motion text available</p>
The majority agreed with the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5518) main idea (in parliamentary jargon, they voted in favour of giving the bill a [second reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)). This means that the House can now discuss the bill in more detail.
### Bill's main idea
The purpose of the bill is to stop certain tax information of Australian-owned private companies from being made public by the Commissioner of Taxation. In other words, the bill makes sure that the tax information of those companies stays private.
The Parliamentary Secretary to the Minister for Industry and Science, [Karen Andrews MP](https://theyvoteforyou.org.au/people/representatives/mcpherson/karen_andrews), argues that their bill "*will ensure that there is greater public transparency of the tax affairs of companies but without risking the privacy, personal security and market environments of Australian owned private companies*" (see her [full speech](http://www.openaustralia.org.au/debate/?id=2015-09-14.119.1)).
### What 'tax information' is currently made public?
Right now, the Commissioner of Taxation publishes some tax information of companies whose total annual income equals or exceeds $100 million. The information published includes the company’s:
* ABN and name;
* total annual income;
* annual taxable income or net income (if any); and
* annual income tax payable (if any).
See the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1516a/16bd024) for further information.
### Background to the bill
The previous Labor Government introduced the requirement to publish this tax information in 2013. The then Assistant Treasurer, [David Bradbury MP](https://theyvoteforyou.org.au/people/representatives/lindsay/david_bradbury), announced that it would "*encourage enterprises to pay their fair share of tax and discourage aggressive tax minimisation practices*" (see his [media release](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22media%2Fpressrel%2F2208008%22)).