Corporate Transparency Act
Article by: Josh Lawler, Gerold Libby, Carla Pareja Paris The Corporate Transparency Act, 31 U.S.C. §5336 (“CTA”), comes into effect January 1, 2024. The CTA mandates that entities, both existing and newly formed U.S. business entities, as well as foreign business entities registered in the U.S., must file reports of beneficial ownership with the Financial…