ATO data matching

The ATO has released details of some specific data matching projects it will carry out.

Motor Vehicles
The ATO will collect details of individuals and entities that have motor vehicle valued at $10,000 or more from the state and territory departments. The aim is to capture lower valued vehicles that are increasingly provided as fringe benefits.

Share market transactions
The ATO will be matching data from the ASX Ltd, Computershare Ltd, Link Market Services Ltd and Registries Ltd. The intention of the project is to confirm that entities are complying with their tax obligations relating to share market transactions.

Published : 22 October 2009