The ATO has advised that it has obtained data that identifies credit and debit card sales made by Australian businesses in the 2011-12 financial year from various banks including: Commonwealth Bank; St George Bank; American Express Australia; Diners Club Australia; Westpac Banking Corp; Australia and New Zealand Banking Group Ltd, and Bendigo and Adelaide Bank Limited. The ATO said the data will be matched against taxpayer records to identify those taxpayers who deliberately under-report or omit income.
