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VERIFICATION OF INCOME TAX NUMBER BY BANKS

Posted 7 December 2015

SEAMAN says:
7 December 2015 at 15:47

How can the bank verify an Income Tax number? If a ITA34 was submitted to the bank how do they verify that the number is actually that persons income tax number?

TaxTim TaxTim says:
7 December 2015 at 19:06

The ITA34 would reflect the name, surname and address of the person so that could be used by the bank for verification purposes.

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