EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
FAQs on the implementation of Tax Identification Number (TIN)
In Budget 2022, it was announced that TIN will be implemented for all companies, and individuals above 18 years of age, from the year 2022.
Following the above, the IRB published on its website an FAQ document, titled “Frequently Asked Questions on the Implementation of Tax Identification Number”, dated 31 December 2021. The details set out in the FAQs are outlined in the Appendix to this Alert.