The ATO is about to start a new data matching program on car sales and property sales that occurred between 1 July 2009 and 30 June 2010.
The car sales program will be much wider than the previous program that only concentrated on luxury cars, as all car sales over $10,000 will be caught in the net.
Motor vehicle data match
Details will be requested from the state and territory motor vehicle registering bodies where a motor vehicle was sold, transferred or newly registered between 1 July 2009 and 30 June 2010 and the transfer and/or market value of the vehicle is $10,000 or greater.
The ATO is basically using the data matching program to catch:
Real property data match
State and territory authorities will be asked to provide updated identity and transaction details relating to property title transfers between 1 July 1999 and 30 June 2010.
Ref: ATO Media Release 2010/26