What is the Philippine tax card TIN, how to handle it, and what's the use?

The "tax card" is a customized card issued by the tax bureau to facilitate tax payment by tax-paying enterprises and individuals. Many people don't understand that the tax card we work in the Philippines has nothing to do with it. In fact, it is a mistake for you to imagine this way. Whether you start a company or work in the Philippines, you need to pay tax fees. With the tax card, it will be very convenient to work in the Philippines. However, many customers are not very clear about this area, so let's learn about "what is a Philippine tax card", what is the picture of the Philippine tax card? Can the tax card be handled? The following is a detailed answer for you.

Introduction to Philippine Tax Card

Philippine tax card English abbreviation: TIN. Issued by BIR Inland Revenue Department. Generally, customers working in the Philippines and customers who have applied for long-term visas will have an ID, which is not available for tourists visiting the Philippines. The main function is to facilitate your tax payment in the Philippines. Part can also be used to handle business. The average person is not available. But it is useful for work and overseas Chinese circles. It is convenient for all aspects of working in the Philippines for companies registered in the Philippines. Simply put, TIN is a valid identity ID. When your passport is away, you can use TIN as proof of identity.

What's the use of a Philippine tax card?

1. No matter starting a company or working, you need to use a tax card to pay.

2, in the Philippines bank account, savings and checking accounts to use.

3, to apply for credit cards and loans when easy to use.

4, if the passport is not in, the use of tax card is also in the hotel room, during the outbreak can do nucleic acid testing.

5. It can be used in the police station and NBI as proof of identity.

6. Entry and Employment Permit for New Employees (Foreigners Intend to Work in Philippines)

7. Use when registering newly purchased vehicles with LTO.

What is the main function of the Philippine tax card

TIN processing enables the Inland Revenue Department to quickly track and process information and transaction records of taxpayers and Philippine collection agencies.

Can the Philippine tax card be used as a valid ID?

When you have a TIN, although it is issued by the Philippine government department, it is not strictly an ID. For example, the tax card cannot apply for a passport to the Philippine Ministry of Foreign Affairs, nor can it submit a renewal to the Immigration Bureau (in the absence of a passport, only TIN is used), so TIN can only be used as an identity certificate, but the Philippine Bank, the Philippine Police Department, the Philippine NBI, or SSS department can be used as your Philippine ID. Because TIN has your name, address, date of birth, photo, this information is unique.

Can I reissue the lost tax card?  

Answer: Yes. Generally, the replacement tax card is reissued in BIR. The replacement time is short and the efficiency is fast. The fastest one day can be completed for you. After processing, you can quickly get the TIN yellow card.

The question about the Philippine tax card TIN is answered here. Whether you are new or lost, or whether you are in the Philippines, you can do it well for you. Finally, I wish you all the best in the Philippines.