A tax identification quantity, generally known as a TIN, is a singular identifier assigned by a tax authority to people or companies for the aim of taxation and different associated actions.
In america, for example, the Inner Income Service (IRS) points a nine-digit Taxpayer Identification Quantity (TIN) to people and companies. This quantity is used to determine taxpayers within the tax system, monitor their tax-related actions, and guarantee compliance with tax legal guidelines.