ATO to data match motor vehicle purchases over $10k in 2011-12 and 2012-13 years to other data for avoidance detection [48]

The ATO will request and collect details of individuals and businesses that have purchased or acquired a vehicle with a transaction value of $10,000 or greater in the 2011-12 and 2012-13 years. The ATO said the details will be electronically matched to identify non-compliance with tax obligations regarding luxury car tax, FBT, and fuel tax schemes. It said approximately 2.8m individuals will be affected.

Notified in the Commonwealth Gazette No GN 44, 7 November 2012 [p2993]

[LTN 211, 31/10]