UTC is non-unique because of leap seconds, so TAI + lat + long + altitude is actually required.
I work on software for astronomy, and that quadruplet is what’s used to describe an observing location. You can actually get a little in trouble because of changes in the shape of the earth over time, so latitude and longitude and altitude need to be treated as time-dependent values, which matters once you are accounting for relativistic effects.
That sort of assumes there's one time zone that's being used per spacetime coordinate, which isn't guaranteed. You can get political situations where de facto and de jure time diverge, or where different authorities nominally in charge of the time in a place disagree.
Lebanon seems to have experienced exactly this recently:
It does unambiguously give you a spacetime coordinate (useful) but it doesn't unambiguously tell you what local time you should use for an occurrence, and the answer would really depend on who was asking.
> Storing (UTC, latitude, longitude, altitude) is the holy grail, I guess.
It’s not.
If I set up a meeting next year in NYC at 10 and the legislature decides to change the timezone’s offset, the meeting remains at 10 NY time on that date, it does not shift in NY time. It’s the UTC which shifts.
And UTC alone is sufficient for past events, as they are fixed instants in the time-stream. Unless you’re at a stage where you need to take relativistic effects in account, then you need to add the referential.
I mean, that's literally the four dimensions of space-time.