Benefits from Australian Greens passing the Multinational Tax Avoidance laws in 2015
Tax Commissioner Chris Jordan told the hearing: “We have created a network of 30 or so countries who have signed up and are committed to sharing information in a real time sense. This is an enormous advance in terms of international sharing of information.”
Second Commissioner Andrew Mills told the committee there’s an, “annoyance factor,” among other countries signing on to the OECD/G20 deal because Australia got moving on it a year earlier, as a result of the Senate passing the legislation before the end of 2015.
Greens Senator Peter Whish-Wilson: So we’ve shown some leadership.
Second Commissioner, Andrew Mills: Yes.
Senator Whish-Wilson: Put that on your billboard, Sam.
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