GIIN definition

GIIN means the Global Intermediary Identification Number issued to a financial institution upon registration on the IRS's Foreign Account Tax Compliance Act ("FATCA") registration portal.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

GIIN means Global Intermediary Identification Number.

GIIN means a Global Intermediary Identification Number which has been allocated to a Financial Institution by the Internal Revenue Service of the United States of America for FATCA purposes.

Examples of GIIN in a sentence

• Registered deemed-compliant FFI (other than a reporting Model 1 FFI or sponsored FFI that has not obtained a GIIN).

• NAME OF DEALER (FIRM NAME) NAME OF INDIVIDUAL DEALING REPRESENTATIVE AND SIGNATURE DEALER NUMBER DEALER GIIN The Subscriber hereby authorizes the Corporation to rely on and accept instructions from the Dealer on its behalf in connection with retractions, transfers, and subsequent subscriptions for Shares and agrees to indemnify the Corporation against any losses, costs, expenses, claims, damages or liabilities which may be incurred due to reliance on any improper instructions given by the Dealer.

• For a participating FFI that receives a GIIN prior to June 30, 2014, the effective date of the FFI agreement is June 30, 2014.

• Forms 1042-S must identify the foreign branch of the FFI maintaining the payee’s account using the GIIN assigned to such branch and the employer identification number (EIN) of the legal entity covered by this agreement.

• The effective date of the FFI agreement with respect to an FFI or a branch of an FFI that is a participating FFI is the date on which the IRS issues a GIIN to the FFI or branch.

• All notices sent to the IRS must include the participating FFI’s name and GIIN and the name of the participating FFI’s responsible officer.

• If the Entity is a Financial Institution, please tick one of the below categories and provide the Entity’s GIIN at 3.2 or indicate at 3.3 the reason why you are unable to provide a GIIN.

• Sponsored Investment Entities that do not have U.S. reportable accounts are not required to register and obtain a GIIN with the IRS unless and until U.S. reportable accounts are identified.

• The IRS intends to include on the “IRS FFI list” (as defined in section 1.1471-1(b) (73) of the U.S. Treasury Regulations) the name and GIIN of each United Kingdom Financial Institution issued a GIIN by the FATCA Registration System.

• If the entity is a Registered Financial Institution, please tick one of the below categories, and provide the entity’s FATCA GIIN at 3.1.1.

More Definitions of GIIN

GIIN or “global intermediary identification number” has the meaning set forth in §1.1471-1(b)(57).

GIIN means the Global Intermediary Identification Number assigned to a PFFI / Reporting FI or Registered Deemed Compliant FFI. The GIIN may be used by an FI to identify itself to withholding agents and tax administrations for FATCA reporting. A GIIN will be issued to only those FIs that are not Limited FFIs, Limited Branches, or U.S. Branches of an FFI, and will be issued after an FI's FATCA Registration is submitted and approved. It is anticipated that the IRS FFI list will be updated on a monthly basis to add or remove FIs (or their branches);

GIIN means the identification number that is as assigned to a participating FFI, registered deemed-compliant FFI, direct reporting NFFE, or sponsoring entity of a direct reporting NFFE. The term also includes the identification number assigned to a reporting Model 1 FFI or registered deemed-compliant Model 1 IGA FFI that is a QI for the purpose of identifying itself to withholding agents.

GIIN means the Global Intermediary Identification Number allocated to a financial institution by the Internal Revenue Service of the United States of America for the purpose of identifying the institution as one whose FATCA obligations are modified by reason of the Agreement;

GIIN means a Global Intermediaries Identification Number; “IGA” means an Intergovernmental Agreement;

GIIN means a Global Intermediary Identification Number;