Commissioner of Taxation
NOTICE OF A DATA MATCHING PROGRAM
The Australian Taxation Office (ATO) will request and collect account details of bank customers to identify Australian resident taxpayers with offshore bank accounts which may evidence undeclared income and/or gains in the 2008-09 to 2010-11 financial years from the following financial institutions:
- ANZ
- Commonwealth bank
- National Australia Bank
- Westpac
- Bank of Queensland Limited
- Macquarie Bank Limited
- Arab Bank Australia Limited
- Bank of China (Australia) Limited
- Citigroup Pty Limited
- HSBC Holdings PLC
- Investec Bank (Australia) Limited
- Rabobank Australia Limited
- China Construction Bank Corporation
- Citibank, N.A.
- Credit Suisse AG
- Deutsche Bank Aktiengessellschaft
- Rabobank Nederland
- Union Bank of Switzerland
The information collected will be electronically matched with certain sections of ATO data holdings to identify non compliance with lodgment and payment obligations under taxation law. Approximately 50,000 offshore account records will be matched.
This program is called the Banking Transparency Strategy Data Matching Program.
A document describing this program has been prepared in consultation with the Office of the Australian Information Commissioner. A copy of this document is available from:
Special Purpose Data Steward
Attention: Nigel Coldrick
Reference: Banking Transparency Strategy Data Matching Program
Australian Taxation Office
PO Box 900
Civic Square ACT 2608
Or by email: specialpurposedatasteward@ato.gov.au
The ATO complies with the Information Commissioner’s Guidelines on Data Matching in Commonwealth Administration which includes standards for data matching to protect the privacy of individuals.