Tuesday, July 13, 2010

Tax office targets overseas students & migrants

The Australian Taxation Office has expanded the reach of its data-matching program to overseas students and temporary skilled migrants.

An article was published in the Australian Financial Review on 5 July 2010. The article states that the Australian Taxation Office is launching a major data matching exercise with DIAC aimed at temporary visa holders and migrants. Copied below are some parts…

“The ATO said it would collect information on 457 visa holders – employer-sponsored temporary skilled workers- and foreign students from the Immigration Department, matching it against its own data to uncover cases of refund fraud and unpaid tax bills.

“Students and temporary workers “feature heavily in detected fraudulent activity”, including crime and refund fraud, a Tax Office protocol said.”

“the Tax Office will target approximately 600,000 skilled migrants and students, as well as people on working holiday, who were granted visas in 2008-2009 financial year.”

Source:5 July 2010 | The Australian Financial Review | Michaela Whitbourn

No comments:

Post a Comment