The Tax Office will exercise its data collection powers to chase up lawyers, visa holders, boat owners, motor vehicle registration holders, credit card holders and other taxpayers. Databases held by other Government departments, banks and insurance companies will be accessed and matched to the Tax Office’s own data holdings.
Data on approximately 1.3 million taxpayers will be taken from Centrelink to check on eligibility for Family Tax Benefit Part B for the 2009, 2010 and 2011 years with comparisons being made to check on incorrect claims for the Dependant Spouse Tax Offset.
Current membership and deregistration from State legal professional associations will yield data on approximately 50,000 members and this will be checked to make sure the lawyers are reporting all of their income.
The Department of Immigration and Citizenship will hand over names, addresses and other details for people on a large number of Visa Subclasses and this will be matched and analysed against Tax Office databases to identify potential refund fraud and other non-compliance.
110,000 insurance records from insurers such as Suncorp Metway, QBE etc will be matched to identify individuals who have insured a boat with a value of $25,000 or more. This information may cause them to be subject to a High Wealth Review.
State WorkCover departments will provide names and addresses of 20,000 individuals which will be used to electronically match and check certain sections of Tax Returns.
State Vehicle Registration departments will be asked to provide data on vehicles valued at $10,000 or more that were purchased during the 2011 year. Matching against the records of 2.7 million individuals will take place and also the Tax Office will try and identify businesses that sell vehicles and falsely report (or not report) those sales.
Credit card data from all of the major banks and credit card organisations relating to approximately 400,000 entities will be collected with particular emphasis on the 2011 income year. The data will be analysed looking for people operating a business in the cash economy who do not report all their cash takings in their Tax Return.
NTAA Voice 211, p. 9
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