Footnotes
Chapter 1 - Background to the inquiry
[1] Journals
of the Senate, No. 118, 17 September 2015, p. 3146.
[2] Explanatory
Memorandum, p. 7.
[3] Explanatory
Memorandum, pp. 7–8.
[4] Explanatory
Memorandum, p. 9.
[5] Explanatory
Memorandum, p. 10.
[6] Explanatory
Memorandum, p. 13.
[7] Ministerial
Statement on G20-OECD Tax and Transparency, Speech 14-2014,
4 September 2014, http://jbh.ministers.treasury.gov.au/speech/014-2014/
(accessed 12 October 2015).
[8]
Explanatory Memorandum, p. 13.
[9] Explanatory
Memorandum, p. 14.
[10] Explanatory
Memorandum, p. 14.
[11] Explanatory
Memorandum, p. 15.
[12] Explanatory
Memorandum, p. 15.
[13] Explanatory
Memorandum, pp. 15‑16.
[14] Explanatory
Memorandum, p. 16.
[15] Explanatory
Memorandum, p. 17.
[16] Explanatory
Memorandum, p. 17.
[17] Explanatory
Memorandum, pp. 18‑19.
[18]
Explanatory Memorandum, pp. 19‑20.
[19] Explanatory
Memorandum, p. 20.
[20] Explanatory
Memorandum, p. 23.
[21] Explanatory
Memorandum, p. 24.
[22]
Explanatory Memorandum, p. 24.
[23] Explanatory
Memorandum, pp. 26–27.
[24] Explanatory
Memorandum, pp. 29–31.
[25] Explanatory
Memorandum, pp. 32 and 35.
[26] Explanatory
Memorandum, pp. 36–39.
[27] Explanatory
Memorandum, p. 25.
[28]
Explanatory Memorandum, p. 25.
[29]
Explanatory Memorandum, p. 53.
[30]
Explanatory Memorandum, pp. 54–55.
[31]
Explanatory Memorandum, p. 56.
[32] Explanatory
Memorandum, p. 54.
[33]
Explanatory Memorandum, p. 59.
[34]
Explanatory Memorandum, p. 60
[35]
Explanatory Memorandum, p. 63.
[36]
Explanatory Memorandum, p. 60.
[37]
Explanatory Memorandum, p. 61.
[38]
Explanatory Memorandum, p. 62.
[39]
Explanatory Memorandum, p. 62.
[40]
Explanatory Memorandum, p. 61.
[41]
Budget 2015: Fairness in Tax and Benefits, pp. 7–8.
[42]
Treasury, Tax Integrity: Multinational Anti‑avoidance Law, http://www.treasury.gov.au/
ConsultationsandReviews/Consultations/2015/Tax-Integrity-Law (accessed 15
October 2015).
[43]
Treasury, Multinational tax avoidance - Country-by-Country reporting
and stronger penalties, http://www.treasury.gov.au/ConsultationsandReviews/
Consultations/2015/Multinational-tax-avoidance (accessed 15 October 2015).
[44]
Explanatory Memorandum, p. 89.
Chapter 2 - General concerns with the bill
[1]
See, for example, Greenpeace Australia Pacific, Submission 2; CPSU,
Submission 4; and, Tax Justice Network Australia, Submission
10.
[2]
Submission 10, p. [10].
[3]
Submission 9, p. 6.
[4]
Submission 4, p. [2].
[5]
Submission 10, p. 1.
[6]
Submission 2, p. [7].
[7]
See, for example, Australian Financial Markets Association, Submission
6; KPMG, Submission 3; Law Council of Australia, Submission
14; and, GSK, Submission 11.
[8]
Submission 12, p. 1.
[9]
Submission 3, p. 1.
[10]
Mr Chris Jordan, Australian Taxation Office, Proof Committee Hansard,
Senate Economics Legislation Committee Supplementary Estimates 2015–16, p. 41.
[11]
Submission 6, p. 2.
[12]
Submission 4, p. [3].
[13]
The Hon. Scott Morrison MP, OECD report supports Australian Government
action on multinational tax avoidance, Media Release, 6 October 2015, http://sjm.ministers.treasury
.gov.au/media-release/003-2015/ (accessed 19 October 2015).
[14]
Submission 5, p. 4.
[15]
Submission 12, p. 4.
[16]
Explanatory Memorandum, p. 93.
[17]
Submission 7, p. 6.
[18]
Submission 3, pp. [3-4].
[19]
Senate Economics References Committee Hansard, 22 April 2015, p. 2.
[20]
See, for example, KPMG, Submission 3; and, Chartered Accountants
Australia and New Zealand, Submission 16.
[21]
Submission 3, p. 2.
[22]
Submission 16, p. [3].
[23]
Senate Economics References Committee Hansard, 9 April 2015, p. 18.
Chapter 3 - Views on specific schedules
[1]
See CPSU, Submission 4; Greenpeace Australia Pacific, Submission
2;
[2]
Submission 10, p. 1.
[3]
Submission 2, p. [3].
[4]
OECD/G20 Base Erosion and Profit Shifting Project, Action 13:
Guidance on the Implementation of Transfer Pricing Documentation and
Country-by-Country Reporting, 2015.
[5]
Submission 12, p. 4.
[6]
Submission 3, p. 3.
[7]
Submission 3, p. 3.
[8]
Submission 11, p. [2].
[9]
The Hon. Joe Hockey, House of Representatives Hansard, 16
September 2015, p. 10324.
[10]
Mr Chris Jordan, Australian Taxation Office, Proof Committee Hansard,
Senate Economics Legislation Committee Supplementary Estimates 2015‑16,
p. 39.
[11]
Submission 6, p. 3.
[12]
Mr Chris Jordan, Australian Taxation Office, Proof Committee Hansard,
Senate Economics Legislation Committee Supplementary Estimates 2015‑16,
p. 40.
[13]
Submission 13, p. 2
[14]
Submission 5, p. 3
[15]
Submission 6, p. 3.
[16]
Mr Rob Heferen, Department of the Treasury, Proof Committee Hansard,
Senate Economics Legislation Committee Supplementary Estimates 2015‑16,
p. 39.
[17]
See, for example, KPMG, Submission 3; and, The Tax Institute, Submission
12.
[18]
Mr Rob Heferen, Department of the Treasury, Proof Committee Hansard,
Senate Economics Legislation Committee Supplementary Estimates 2015‑16,
p. 39.
[19]
Submission 3, pp. 4–5.
[20]
Submission 6, p. 3.
[21]
Submission 3, p. 5.
[22]
Submission 4, p. [2].
[23]
Submission 5, pp. 4–5.
[24]
Submission 14, p. 3.
[25]
Submission 12, p. 4
[26]
Submission 15, p. 3.
[27]
Submission 5, p. 6
[28]
The Hon. Joe Hockey MP, Second Reading Speech, House of Representatives
Hansard, 16 September 2015, p. 10324.
[29]
Submission 11, p. [2].
[30]
Submission 14, p. 5.
[31]
Submission 16, p. [3].
[32]
See, for example, Chartered Accountants Australia and New Zealand, Submission
?; The Tax Institute, Submission 11; and, Deloitte, Submission
8;
[33]
See, for example, Shell Australia, Submission 15; and, Deloitte, Submission
3.
[34]
Submission 8, p. 2.
[35]
Submission 12, p. 5.
[36]
Submission 3, p. 3.
[37]
Submission 12, p. 5.
[38]
Submission 11, p. [2].
[39]
Submission 13, p. 5
[40]
See, for example, Greenpeace Australia Pacific, Submission 2;
and, Tax Justice Network Australia, Submission 10.
[41]
Submission 10, pp. 2–4.
[42]
Submission 16, p. [4].