Summary
Amends the: Income Tax Assessment Act 1997 to: amend the hybrid mismatch rules; introduce a general category of deductible gift recipient (DGR) for community sheds; and update the list of DGRs to include eight new entities; Taxation Administration Act 1953 to: broaden the amounts that employers can voluntarily report under the Single Touch Payroll rules to include employer withholding of child support deductions and child support garnishee amounts; and enable the disclosure of protected information, relating to the JobKeeper Scheme, to the Fair Work Commission and the Fair Work Ombudsman; Child Support (Assessment) Act 1989 and Child Support (Registration and Collection) Act 1988 to make consequential amendments; and International Finance Corporation Act 1955 and International Monetary Agreements Act 1947 to: establish frameworks under which Australia may enter into agreements with the International Bank for Reconstruction and Development and the International Finance Corporation of the World Bank Group to buy additional shares of their respective capital stocks; and authorise appropriations from the Consolidated Revenue Fund for the purposes of such payments.