Validating a tax id

13-Dec-2016 12:59

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3) The JTB TIN is presently being issued at the point of registration and also updated by FIRS and the states which have so far adopted it; 4) Every taxpayer in Nigeria will ultimately be required to possess and use only the JTB TIN.

VALIDATING TIN TIN validation is the process of confirming that the updated TIN meets the necessary conditions for transacting business with other organisations such as Nigerian Customs Service (NCS), Central Bank of Nigeria, National Agency for Food and Drug Administration and Control, etc.

2) The JTB TIN has ten (10) digits, it is uniform and general across Nigeria.

It is unique for every registered taxpayer in Nigeria and not limited to FIRS taxpayers alone.

If you are going through this process, how do you know if you have the right form from a supplier?

How can you initiate a process for getting this information back from your suppliers in a timely and efficient manner?

HICX’s Tax Credentialing services help you – W-8 Information The W-8 series has five potential forms used for managing tax requirements of persons or entities that claim a foreign tax status.

These include – W-8BEN, W-8IMY, W-8ECI, W-EXP, and the new W8-BEN-E.

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Matt Kuchera has been a professional journalist for nearly 20 years.

His career has included stints as a copy editor, page designer, reporter, line editor and managing editor at newspapers ranging from community newspapers to major metros.

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