A Tax Identification Number (TIN) is also known as a Taxpayer Identification Number. ... For example, Canada uses Social Insurance Numbers (SINs) for employment, taxation, ...

In many cases, it takes weeks to receive the tax ID number, impacting the ability to file in a timely manner. Failure to pay the tax comes with a penalty ranging between $5,000 and $10,000, plus ...

Canada is warning that it will implement a digital services tax that would hit American tech companies unless a key part of the global plan is implemented by the start of 2024.