Sunday, 11 November 2012

ATO to data match motor vehicle purchases

The ATO will request and collect details from state3 and territory motor vehicles registries or individuals and businesses that purchased a motor vehicle for more than $10,000 in the 2011/12 and 2012/13 financial years.
The data will be electronically match with ATO data to identify non-compliance with tax obligations, particularly to identify high risk non-lodgers, those with undeclared income and support regarding luxury car tax, fringe benefits tax and fuel tax compliance activities.

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