OT- I thought Bush on imigration was evil?
On 1 Feb 2004 09:57:49 -0800, jim rozen wrote:
In article , Gary Coffman says...
That won't exempt you anymore. One of the new provisions of the banking
laws, designed to catch money laundering, requires every bank account
to have a taxpayer ID number. For individuals, that's almost always their
SS number, though they can apply to the IRS for a different number.
Then how do they deal with corporate accounts, do they either
require an individual to be responsible for the account, or do
they assign a taxpayer number to the corporation?
Corporations are assigned taxpayer ID numbers by the IRS.
(Well, ordinary corporations are, subchapter S corps can use
an individual's taxpayer ID.)
Gary
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