The National Tax Agency (NTA) of Japan has announced that a new tax identification number system (“My Number”) will be introduced for both individuals and corporations in October 2015.
The NTA will provide the 12-digit number to all relevant individuals and corporations. My Number is to be used for all administrative matters relating to social security, tax and natural disaster issues. For individuals, these cards will be allowed as personal identification and can be used for online tax returns. The cards also may be used for library services or issuance of seal registration certificates. However, the use of My Number will be compulsory from January 2016.
