Legal Alert: New U.S. Beneficial Ownership Reporting Requirements Starting in 2024
Beginning January 1, 2024, millions of existing and new U.S. businesses will be required to report beneficial ownership and related information to the U.S. government under the Corporate Transparency Act (CTA). Congress passed the CTA in 2021 as part of ongoing efforts to combat money laundering, terrorist financing and other illegal financial activity. To avoid […]
