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IMPACT – MEDIUM
What is the change? Details on information that the Australian Tax Office will acquire about visa holders for the years 2017 to 2020 have been published.
What does the change mean? The information is part of a data-matching program between the Department of Immigration and Border Protection and the Australian Tax Office that began in 2015 to monitor compliance.
Background: The information that the ATO will obtain includes:
BAL Analysis: The data matching helps the Government track compliance with tax laws through immigration records. All sponsors should conduct internal checks to ensure that they are in compliance with their tax obligations.
This alert has been provided by BAL Australia. For additional information, please contact australia@bal.com
MARN: 0101248
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