Why Would an Individual Obtain a GIIN for Herself?
That is actually not a rhetorical question and I don’t know the answer. I came across a peculiar FATCA Expanded Affiliated Group (EAG) recently. I am not going to share the names and countries where the members are located so the individuals are not harassed but this is the composition of the EAG: What Is a GIIN? A Global Intermediary Identification Number (GIIN) is the identification number that the IRS assigns to a foreign financial institution (FFI), branch of a financial