Corporate Transparency Act
The Corporate Transparency Act (CTA) is a pivotal legislation designed to enhance corporate accountability by mandating that corporations and LLCs disclose their beneficial owners to the federal government. The CTA is a significant step towards combating illicit activities and encouraging a more transparent business environment in the U.S. Explore more about this new law and its impact on your business.
RECENT ARTICLES
Corporate Transparency Act (CTA): How to Prepare
January 09, 2023 03:01 pm by LawInc Staff
Are you ready for the Corporate Transparency (CTA)? The CTA is a new law going into effect on January 1, 2024. The CTA applies to millions of corporations and LLCs...
Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions
December 08, 2021 11:12 pm by Zach Javdan
Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...