The Australian Taxation Office (ATO) established a data task force in late 2016 and they could be going through your business's tax return with a fine tooth comb as you read. It may sound like the plot of a low budget TV show where the ATO has taken over the world, but it's real and it's happening right now.
They've been called the data doctors by the media, which is an ominous name to say the least. What does this new task force mean for your tax return? And what exactly do these guys do?
What are the 'doctors' up to?
The data doctors are in charge of sifting through billions of pieces of tax data to find returns that raise red flags. By discovering details that are inconsistent with the norm, they can identify tax frauds, or mistakes and quickly report them.
Graham Whyte, assistant commissioner of marketing and communications at the ATO commented on the team to Business Insider on 15 November 2016:
"They are highly qualified with doctorates in data mining and machine learning. It's like coding what