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"Tax Identification Numbers"
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#12012739
3 February 2025
The entrance to the Finanzamt Nordlingen (Nordlingen Tax Office) in Nordlingen, Swabia, Donau-Ries, Bavaria, Germany, on February 2, 2025. A man with a stroller stands near a parking sign designated for disabled persons in front of the tax office.
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Sri Lanka Finance Ministry Issues Clarification On Tax Identification Number
3 January 2024
#10887363
3 January 2024
The Inland Revenue Department logo is being displayed against a tax background in Colombo, Sri Lanka, on December 3, 2024. The Ministry of Finance is issuing a clarification regarding Tax Identification Numbers (TINs), emphasizing that possessing a TIN does not automatically imply liability for income tax. According to the President's Media Division (PMD), only individuals aged 18 and above, whose income exceeds the annual tax exemption limit of Rs. 1.2 million, are obligated to pay income tax. Despite this clarification, the PMD is outlining that a TIN is compulsory for specific activities, effective February 1. These activities include opening a current account, seeking building plan approval, registering a motor vehicle, renewing a license, and registering title deeds to land.
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Sri Lanka Finance Ministry Issues Clarification On Tax Identification Number
3 January 2024
#10887364
3 January 2024
The Sri Lankan flag is being displayed against a tax background in Colombo, Sri Lanka, on December 3, 2024. The Ministry of Finance is issuing a clarification regarding Tax Identification Numbers (TINs), emphasizing that possessing a TIN does not automatically imply liability for income tax. According to the President's Media Division (PMD), only individuals aged 18 and above, whose income exceeds the annual tax exemption limit of Rs. 1.2 million, are obligated to pay income tax. Despite this clarification, the PMD is outlining that a TIN is compulsory for specific activities, effective February 1. These activities include opening a current account, seeking building plan approval, registering a motor vehicle, renewing a license, and registering title deeds to land.
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Sri Lanka Finance Ministry Issues Clarification On Tax Identification Number
3 January 2024
#10887365
3 January 2024
The Sri Lankan government logo is being displayed against a tax background in Colombo, Sri Lanka, on December 3, 2024. The Ministry of Finance is issuing a clarification regarding Tax Identification Numbers (TINs), emphasizing that possessing a TIN does not automatically imply liability for income tax. According to the President's Media Division (PMD), only individuals aged 18 and above, whose income exceeds the annual tax exemption limit of Rs. 1.2 million, are obligated to pay income tax. Despite this clarification, the PMD is outlining that a TIN is compulsory for specific activities, effective February 1. These activities include opening a current account, seeking building plan approval, registering a motor vehicle, renewing a license, and registering title deeds to land.
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Please contact us for more information.