Corporate Transparency Act (CTA) Beneficial Ownership Reporting | Practical Law

Corporate Transparency Act (CTA) Beneficial Ownership Reporting | Practical Law

A Practice Note providing an overview of the beneficial ownership reporting requirements under the Corporate Transparency Act (CTA), requiring certain privately held corporations, LLCs, and other entities to report information about themselves, their beneficial owners, and the individuals who created or registered them to do business in the US to the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). This Note discusses the reporting requirements, exemptions from the requirements, and penalties for failure to comply.

Corporate Transparency Act (CTA) Beneficial Ownership Reporting

Practical Law Practice Note w-036-3933 (Approx. 36 pages)

Corporate Transparency Act (CTA) Beneficial Ownership Reporting

by Practical Law Corporate & Securities
A Practice Note providing an overview of the beneficial ownership reporting requirements under the Corporate Transparency Act (CTA), requiring certain privately held corporations, LLCs, and other entities to report information about themselves, their beneficial owners, and the individuals who created or registered them to do business in the US to the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). This Note discusses the reporting requirements, exemptions from the requirements, and penalties for failure to comply.