Corporate Transparency Act | Seyfarth Shaw LLP
To embed, copy and paste the code into your website or blog: On January 1, 2021, the National Defense Authorization Act for Fiscal Year 2021 (the "Defense Bill") was enacted into law. The Defense Bill includes the Corporate Transparency Act (the "CTA"), which creates a beneficial ownership registry within the U.S. Department of the Treasurys Financial Crimes Enforcement Network (“FinCEN”). The CTA requires all covered corporations, limited liability companies and "other similar entities" th...
Source: jdsupra.com