The ATO has gazetted a notice announcing that it will request and collect online selling data relating to registrants that sold goods and services of a total value of id=”mce_marker”0,000 or greater in either or both of the financial years 2011-12 and 2012-13. The ATO says it will seek data from eBay Australia & New Zealand Pty Ltd, a subsidiary of eBay International AG which owns and operates www.ebay.com.au. The ATO says the data-matching program will enable it to address compliance behaviour of individuals and businesses selling goods and services via the online selling site who may not be correctly meeting their taxation obligations, particularly those with undeclared income and incorrect lodgment and reporting for GST. It is expected that records relating to between 15,000 and 25,000 individuals per financial year will be matched.

[LTN 65, 4/4/14]