ATO ramps up identity fraud detection for new SMSFs
Around a quarter of the individuals being identified as high risk under the ATO’s new registrant program have compromised identities, said the ATO.
ATO deputy commissioner, superannuation and employer obligations, Emma Rosenzweig said that with the ATO seeing more and more instances of stolen identities being used to set up new SMSFs, identity fraud is an important feature of the ATO’s new registrant program for SMSFs.
Read more at SMSF Adviser
