ATO ups the data matching of insurance companies to capture all taxpayers

ATO UPS THE DATA MATCHING OF INSURANCE COMPANIES TO CAPTURE ALL TAXPAYERS Insurance policies covering boats > $100,000, thoroughbred horses > $65,000, aircraft >$150,000 and fine art >$100,00/item are to be the subject of a renewed focus by the ATO in its lifestyle assets data-matching program. The ATO will now capture the last 5 years [...]