Tax Identification Number

For every Individual or Non Individual opening a Trading and Demat account, it is mandatory that they declare their Tax Identification Number. Tax Identification Number is basically the reference number with which the tax status is an individual or non individual is linked with. It varies from country to country and carries different names. For example, in India, it is called the PAN (Permanent Account Number) and in US it is the SSN, EIN etc., To know the Tax Identification numbers used across the world read here

It is therefore, mandatory to declare this detail at the time of opening account (as a part of account opening application) and also needs to be declared each time it changes.

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