Overview

What are the Situations under which a non-US Person Require ITIN?

Well, this is one of the most commonly asked questions from our client’s side. So here are some important things about ITIN we feel you need to be aware of.

ITIN is the acronym of Individual Taxpayer Identification Number. Note that ITIN is vastly different from the identification number of employees. Employee Identification Number is widely used for filing company taxes. On the contrary, the ITIN is reserved exclusively for individuals and can be called as an equivalent of SSB. The people who reside in the US need an SSN which provides them with employment opportunities.

To be frank, an ITIN is for those who are in requirement of the US taxpayer ID. Here are some of the conditions in which they need an ITIN.