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The CTA’s Large Operating Company Exemption: Requirements and Considerations

Cogency Global

What this is : The Corporate Transparency Act (CTA) includes 23 exemptions to its beneficial ownership information (BOI) reporting requirements. In this article, we explore the details of the “Large Operating Company” exemption.

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The Corporate Transparency Act (Part 3): Reporting Requirements

LexBlog IP

The new legislation requires certain entities to report information about their owners, management and the individuals who helped create the entities to the U.S. This is the third article in a new series about the CTA. Department of the Treasury’s Financial Crimes Enforcement Network (“ FinCEN ”).

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Understanding the Beneficial Ownership Information Reporting Rule

LexBlog IP

Understanding the Beneficial Ownership Information Reporting Rule by Josh Slovin The New Beneficial Ownership Reporting Rule: A Step towards Greater Transparency in US Businesses Privately-owned companies in the United States have long enjoyed a great degree of privacy about their internal affairs, particularly as to the identities of their owners.

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The Corporate Transparency Act (Part 4): Beneficial Owners and Company Applicants Defined under the CTA

LexBlog IP

The new legislation requires certain entities to report information about their owners, management and the individuals who helped create the entities to the U.S. This is the fourth article in a new series about the CTA. Who is a Beneficial Owner? Who is not a Beneficial Owner?

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The Corporate Transparency Act (Part 3): Reporting Requirements

LexBlog IP

The new legislation requires certain entities to report information about their owners, management and the individuals who helped create the entities to the U.S. This is the third article in a new series about the CTA. Department of the Treasury’s Financial Crimes Enforcement Network (“ FinCEN ”).

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The Corporate Transparency Act (Part 1): An Overview

LexBlog IP

The new legislation requires certain entities to report information about their owners, management and the individuals who helped create the entities to the U.S. This is the first article in a new series about the CTA. These reports will be filed with FinCEN and maintained in a secure, nonpublic database.

article thumbnail

The Corporate Transparency Act (Part 1): An Overview

LexBlog IP

The new legislation requires certain entities to report information about their owners, management and the individuals who helped create the entities to the U.S. This is the first article in a new series about the CTA. These reports will be filed with FinCEN and maintained in a secure, nonpublic database.