Data-matching program for eBay and Amazon sellers
The ATO's new data-matching program will collect annual trading details from eBay and Amazon sellers earning $12,000 or more, aiming to identify tax compliance issues.
The ATO will require Amazon and eBay to provide the ATO with details of taxpayers who provide an online marketplace and where annual trading activity amounts to $12,000 or more in any of the 2019 to 2026 income years.
The ATO estimates that it will receive between 20,000 and 30,000 records each year under this program.
The ATO will use the data to identify taxpayers who might not be complying with all of their tax-related obligations.
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