Who issues the Tax File Number in Australia?

Study for the TFN Special Exam with quizzes that feature flashcards and multiple choice questions complete with hints and explanations. Prepare for success!

The Tax File Number (TFN) in Australia is issued by the Australian Taxation Office (ATO). The TFN is a unique identifier issued to individuals and organizations for tax purposes. This number is crucial for managing tax obligations and helps streamline various tax-related processes for both taxpayers and the ATO.

The Australian Taxation Office is responsible not only for issuing TFNs but also for administering the Australian tax system, including income tax, Goods and Services Tax (GST), and other related entities. Having a TFN is essential for individuals when they start a new job, to ensure correct withholding of tax from their income, and for dealing with tax returns, superannuation, and various government benefits.

The other options listed do not correspond to the authoritative body involved in tax file number issuance in Australia. The correct identification of the ATO allows individuals to understand where to go for assistance and information related to their taxation matters in the country.

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