Important tax information is required
We require some information from you for ATO reporting.
Tax reporting for the ATO
To ensure we’re correctly reporting to the Australian Taxation Office (ATO), and so your entity can avoid any related tax consequences, we need a few details from you.
Why we're asking you to do this
- Westpac is required by law to provide the ATO with annual customer reports. It’s important that we’re able to report your details accurately as it may affect your entity’s tax assessments
- By collecting this information, we can add it to your entity’s profile and ensure our reporting to the ATO is correct
- In line with global Common Reporting Standards (CRS), this information may be shared by the ATO with tax authorities in other countries.
What you need to do
Complete and return the below form by email to: TaxEntityClassificationWBC@westpac.com.au
If you’re located in Australia, the form can also be returned via Reply Paid post addressed to:
Business Identification Team
Reply Paid 91348
SYDNEY NSW 2001
You’ll need to provide your details by the date included in our communications to you. If we don’t hear from you by then we may need to restrict your account, so it’s important to complete this request as soon as possible.
Our Privacy Statement explains how we collect, use and disclose your personal information and credit-related information. Our Privacy Statement also provides information about how you can access and correct your personal information and make a complaint. You can read our Privacy Statement online or by calling us on 132 032.
Frequently asked questions
Tax Entity Classification (TEC) is an Australian Tax Office (ATO) requirement for financial institutions to determine whether non-individual account holders are considered either Active, Passive or Exempt.