Building industry: ATO data matching project

The ATO has released a notice about its Nation Building Economic Stimulus Plan payments data matching project (PDF). Under the project, the ATO will request and collect the names and addresses of entities within the building, construction and ceiling insulation industries from various government departments and building companies.

The details collected will be electronically matched with certain sections of ATO data holdings to identify non-compliance with lodgment and payment obligations under taxation law. The ATO said records relating to approximately 30,000 entities will be matched.