Became law
Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024
Portfolio: Treasury
- Introduced4 July 2024
- Passed House27 November 2024
- Passed Senate26 November 2024
- Royal assent10 December 2024
What does this bill do, in plain English?
Australia sets a minimum tax rate of 15% on big multinational companies and some large local firms.
How parliament voted
representatives · 22 August 2024
Taxation (Multinational — Global and Domestic Minimum Tax) Bill 2024 - Report from Federation Chamber - Second reading amendment
5783The noes have it · 26 votes
57 ayes, 83 noes
Source: Australian Parliament House bill record
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