📌 IRD Postpones Mandatory TIN for Key Transactions to April 2027

The Inland Revenue Department (IRD) has officially extended the deadline for mandatory Taxpayer Identification Number (TIN) submission for eight specific transactions to 1 April 2027, shifting away from the initial 1 November 2026 cutoff. • Overall Developments: • System overloads, server outages, and severe delays at IRD offices prompted the extension. • The decision follows temporary relief previously granted only for opening bank accounts and renewing vehicle revenue licenses. • Affected Transactions (Effective 1 April 2027): • Opening bank accounts & obtaining credit cards • Registering businesses & transferring company shares • Registering land & obtaining building plan approvals • Vehicle registration & vehicle revenue licence renewals • Context & Challenges: • Part of an ongoing taxpayer register cleanup supported by the IMF. • An IMF diagnostic (30 Oct 2026) revealed IRD's core platform maintenance contract expires on 31 January 2027, posing operational risks during the transition.