Allegra welcomes the Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024, Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 and the Treasury Laws Amendment (Multinational—Global and Domestic Minimum Tax) (Consequential) Bill 2024 - Second Reading.
She supports the intentions of aligning global minimum tax rates to ensure that corporations pay their fair share of tax, regardless of where they're based. Allegra suggests that more needs to be done urgently to address the other issues front of mind for Australians in which the tax system has an important role to play.
