ATO to collect details of 10,000 and 30,000 sellers on eBay and Trading Post Australia

First 10 of 10 paragraphs shown The Australian Taxation Office (ATO) will request and collect details of individuals or entities who have sold goods through eBay Australia Pty Ltd and Trading Post Australia Pty Ltd?>
Value over $20,000: where the value of those sales is greater than $20,000 in either the 2007-08, 2008-09 or 2009-10 financial years
Data matched: The details will be electronically matched with certain sections of ATO data holdings to identify non-compliance with registration, reporting, lodgment and payment obligations under taxation law.
The ATO said: 'It is expected that records relating to between 10,000 and 30,000 individuals will be matched.
This program is called the Online Selling Sites Data Matching Program and it will enable the ATO to:
- Better understand and address the compliance behaviour of taxpayers involved with online selling through electronic bulk matching of data to identify potential ATO activity; and
- To be more strategic in its approach to ATO business activities, with the aim of encouraging taxpayers to voluntarily comply with their taxation obligations.
- A document describing this program has been prepared in consultation with the Office of the Privacy Commissioner.

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