Tax identification number or TIN - is a unique number set for individuals and companies for tax purposes. Please find more information on TIN here.
Please describe. Type of income can be:
1. Active - company is generating revenue from business activities;
2. Passive - passive income is typically; dividends, interest, rent, royalties, payments from life insurance,
certain other insurance income, profits from the sale of assets that provide passive income, profits from commodity sales, foreign exchange earnings and profits from derivatives. Rent that derives from active work of employees, i.e. the entity has employees, is generally not seen as passive income.