Summary
Amends the
Coronavirus Economic Response Package (Payments and Benefits) Act 2020
to: delay businesses with an annual turnover of more than $50 million from claiming GST credits for ten years, or until they pay back the amount of Jobkeeper payment they received equal to the amount of profits made and/or executive bonuses paid during the financial year in which the entity received the payment; and require the Australian Taxation Office to publish a list of all entities with an annual turnover of more than $50 million in receipt of Jobkeeper payments and how much each entity received.