Filing the Beneficial Ownership Information Report (BOIR) under the Corporate Transparency Act (CTA) | Practical Law

Filing the Beneficial Ownership Information Report (BOIR) under the Corporate Transparency Act (CTA) | Practical Law

A Practice Note providing guidance on completing and filing the Beneficial Ownership Information Report (BOIR) with the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) by domestic and foreign reporting companies under the Corporate Transparency Act (CTA). This Note discusses the reporting requirements under the CTA, exemptions, special reporting rules, information on obtaining a FinCEN identifier, and penalties.

Filing the Beneficial Ownership Information Report (BOIR) under the Corporate Transparency Act (CTA)

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A Practice Note providing guidance on completing and filing the Beneficial Ownership Information Report (BOIR) with the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) by domestic and foreign reporting companies under the Corporate Transparency Act (CTA). This Note discusses the reporting requirements under the CTA, exemptions, special reporting rules, information on obtaining a FinCEN identifier, and penalties.