Disclosure of business tax debts
If your business meets certain criteria, we may disclose your debt information to credit reporting bureaus (also known as credit reporting agencies).
We will not report your debt information to credit reporting bureaus (CRBs) if you're already engaged with us to manage your tax debts.
On this page
- Criteria for reporting business tax debts
- Engaging with the ATO to manage your debts
- Notice of Intent to disclose
- Legislation
- Your privacy
- Registered credit reporting bureaus
Criteria for reporting business tax debts
We may report your business tax debt if you meet the following criteria:
- You have an Australian business number (ABN) and are not an excluded entity.
- You have one or more tax debts and at least $100,000 is overdue by more than 90 days.
- You are not engaging with us to manage your tax debt.
- You don't have an active complaint with the Inspector-General of Taxation Ombudsman (IGTO) about our intent to report your tax debt information.
An excluded entity is either a:
- deductible gift recipient
- complying superannuation fund
- registered charity
- government entity.
We may decide not to report your tax debt information if you are experiencing exceptional circumstances.
Read more:
https://www.ato.gov.au/General/Paying-the-ATO/If-you-don-t-pay/Disclosure-of-business-tax-debts/
