Aug 30, 2026 – 1.01pmThe tax office is chasing the owners of 6000 investment properties across the country sold in the five years to mid-2025 who failed to disclose the results and could owe tens of thousands of dollars each in capital gains tax.The discrepancies – which could total $66 million, although the Australian Taxation Office has not officially put a figure on it – are the result of the ATO’s increasing use of technology to cross-reference information lodged in tax returns with a wide range of state and territory records, including property sales.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
ATO finds 6000 property sales that may have skipped paying tax
The tax office has used data matching to identify around $66 million owing on the sale of thousands of investment properties over five years.
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