Court Moves Leave CTA Enforcement Up in the Air
Companies formed at the start of 2024 face fast-approaching deadline
Tag: Corporate Transparency Act (CTA)
Under the Corporate Transparency Act (CTA), millions of U.S. business must provide beneficial ownership information to the federal government in a FinCEN-maintained database. While many types of entities are exempt, they are generally those in regulated industries, meaning they likely already report this information to the government.
Navigating the Maze: Who’s Exempt from the Corporate Transparency Act?
List of exceptions to beneficial ownership is long — but complicated
Data Protection Demands Complicate CTA Compliance
As the calendar rolled over into 2024, a new reporting obligation went into effect for millions of American companies, the ...
A Look Back: Top Stories of 2023
An AI frenzy. An anti-ESG backlash. New rules from the SEC and updated guidance from the DOJ. All while minding ...
Shell Game: New York State on the Brink of Creating Public LLC Database
Empire State lawmakers aim to lift veil of corporate anonymity in fight against money laundering
A (Beneficial) Owners Manual: Staying Compliant in Light of New FinCEN Rule
New regulations will require companies to report accurate and up-to-date beneficial ownership information to the U.S. government. Keeping track of ...
Ownership Reporting Requirements May Ensnare Web3.0 Companies
Popular among Web3.0 companies, decentralized autonomous organizations, or DAOs, lack many of the traditional elements of legal business entities. But ...
Survey: Few Companies Subject to New CTA Reporting Requirements Are Aware of Them
Corporate Transparency Act will affect millions of businesses starting next year
Corporate Transparency Act: What Is It, and How Will It Affect Small Companies?
The 2021 Corporate Transparency Act included new reporting requirements that represent the most significant change in the formation of corporations ...
Countdown to the Corporate Transparency Act
If you haven’t heard of the CTA, you’re not alone
The Biden Administration’s New Attack on Corruption: What Businesses Need to Know
Though broad in scope, the Biden Administration's plan to counter domestic and international corruption follows four primary lines of effort. ...
FinCEN’s Registry Will Be a Game-Changer. It Will Also Place an Added Burden on Corporations.
The Corporate Transparency Act (CTA) passed last year mandates FinCEN to establish a national registry of ultimate beneficial ownership (UBO) ...
