Tax Identification Number

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Tax Identification Number

A number the IRS assigns to businesses and other entities, such as trusts, for tax purposes. While the TIN exists for a variety of reasons, its main function is to ensure that each organization is billed for its own taxes, and not those of another entity with the same name. Social Security numbers serve as TINs for individuals.
References in periodicals archive ?
The BIR had been struggling to issue tax identification numbers (TIN) amid a surge in the number of applicants from the Pogo sector.
The joint guidelines published July 15 requires foreign workers to secure tax identification numbers (TIN) when applying for Special Work Permits (SWP), Alien Employment Permits (AEP) or Provisional Work Permits (PWP).
'Through an inter-agency task force composed of the BIR, DOJ (Department of Justice), Bureau of Immigration, National Intelligence Coordinating Agency and Department of Labor and Employment, the government was able to issue tax identification numbers to foreign workers, and as a result collect taxes from them,' Panelo said.
Applicants for work and employment permits will also be required to obtain Tax Identification Numbers from the Bureau of Internal Revenue.
It is also a digital platform that only gives access to persons who have Tax Identification Numbers (TIN).
He adds that investors at all times don't necessarily have to go to the National Investment Commission, noting that once their businesses are registered and they acquired tax identification numbers, investors can invest billions of dollars.
According to the BIR, the inaccessibility of the eTIS system has so far affected the generation of tax identification numbers particularly by the LTS and RR-Makati.
tax identification numbers (such as a social insurance number)
The Federal Government, it will be recalled, had in January 2018 directed vendors of MDAs to display their Tax Identification Numbers (TINs) on their invoices before payments are affected.
The directory will not include tax preparers with preparer tax identification numbers who are not members of any of the above-listed groups of preparers.
Initially, the Commission argues that "one of the options would be to develop the TIN portal on Europa more" to make it easier to check national tax identification numbers.
The Eleventh Circuit held that the fee the IRS charges to issue preparer tax identification numbers (PTINs) to tax return preparers, who are required to use the PTINs on returns they prepare, is valid because the PTIN confers a special benefit on the preparers: the privilege to prepare tax returns for others for compensation (Jesse E.