Marta Shawnee

Corporate Transparency Act 2024 Who Must File. Beginning january 1, 2024, the us corporate transparency act (cta) will require “reporting companies” to submit a report to the financial crimes enforcement network. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report information about the.

The corporate transparency act (cta) requires “reporting companies” to file a report with the department of treasury’s financial crimes enforcement network (fincen) containing personal identifying information. The act, which takes effect on january 1, 2024, requires “reporting companies” to file information on beneficial owners, key decisionmakers, and company applicants with the.