ATO Data Matching to eBay

Do you operate a business on eBay or Trading Post Australia? The ATO collects data and cross matches that to you. They then check your tax returns to see if you are declaring the correct income.

The ATO is now demanding and collecting information on online traders who sold goods and services over $20,000 in any of the past three financial years. The information is electronically matched with the Tax Office's data holdings. This identifies non-compliance with registration, lodgement and payment obligations under tax law.

Category:

News & Politics

Tags:

• Tax Fraud
• GST
• ATO
• audit
• ebay
• internet sales
• tax penalties
• General Interest Charge
• tax assessment
• default assessments
• tax office
• sales tax
• privacy