Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document

TAXATION LAWS AMENDMENT BILL (NO. 4) 2001

The order of the day having been read for the resumption of the debate on the question—That the Bill be now read a second time—

Debate resumed by Mr K. J. Thomson who moved, as an amendment—That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading, the House condemns the Government for:

(1) imposinga complex and cumbersome tax system on Australian businesses rather than delivering the simpler system it promised;

(2) creating new tax avoidance opportunities, despite addressing some existing avoidance opportunities in this bill;

(3) increasing the compliance burden for Australian businesses thereby reducing their competitiveness; and

(4) applying one set of tax rules for the Liberal Party and another for small businesses".

Debate continued.

Debate adjourned (Ms Gillard), and the resumption of the debate made an order of the day for a later hour this day.