Common use of Account Identification Clause in Contracts

Account Identification. If the licensee is a sole proprietorship or general partnership, the licensee must report the Social Security Number (SSN) of the owner or all partners. If the licensee is a Limited Partnership, Limited Liability Company (LLC), or Corporation, the licensee must report the Federal Employer Identification Number (FEIN), which will be used to set up the licensee’s account number. To comply with the State’s Identity Theft Protection Act, the Division will assign a generic North Carolina Department of Revenue Identification number (NCDOR ID) once the account is established. North Carolina Administrative Code, 17 N.C.A.C. 01C .0322, mandates that “all returns, reports, schedules, and correspondence filed with the Department shall contain the taxpayer's North Carolina identification number, federal employer identification number, or social security number, or combination thereof as required, to verify the identity of the taxpayer.” All correspondence from the Division will include the licensee’s NCDOR ID.