Corporate Governance, Professional Perspective – CTA Guidance for Legal Counsel Serving Businesses
CTA Guidance for Legal Counsel Serving Businesses Contributed by Scott H. Novak, Scarinci Hollenbeck March 2024 The Corporate Transparency Act (CTA), 31 U.S.C. §5336, became effective on January 1, 2024. Under this new provision, if your or your client’s entity is a “reporting company,” as defined under the statute, the entity must file a beneficial owner information […]