Browsing Tag
‘corporate transparency act’
How to Report Beneficial Ownership Information Under the Corporate Transparency Act
UPDATE: on December 3, 2024 a US District Court in Texas temporarily enjoined enforecement of the CTA, so that the reporting deadline of January 1, 2025 is currently stayed. The ...
Who is Affected by the Corporate Transparency Act’s Reporting Requirements?
Passed in 2021 as part of the federal Anti-Money Laundering Act of 2020 and effective January 1, 2024, the Corporate Transparency Act (CTA) is new legislation that requires many business entities, owners ...
Beneficial Ownership Reporting Deadline Soon Approaching Under the Corporate Transparency Act
The Corporate Transparency Act (CTA), enacted as part of the Anti-Money Laundering Act of 2020, introduced a significant shift in disclosure requirements for certain U.S. and foreign legal entities. The ...