Implemented to combat the use of shell corporations and other entities to facilitate illicit activities, the Corporate Transparency Act (CTA) has prompted new and unprecedented reporting obligations. Starting 1 January 2024,...more
Starting on 1 January 2024, entities will need to comply with the reporting rules under the Corporate Transparency Act (CTA).1 The implementing Treasury regulations were published on 30 September 2022.2 The CTA applies both...more