Cogency Global

APRIL 18, 2024

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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LexBlog IP

JULY 25, 2023

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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LexBlog IP

AUGUST 29, 2023

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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LexBlog IP

JANUARY 17, 2024

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. What is the Corporate Transparency Act? Which entities must file BOI reports under the CTA?

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LexBlog IP

AUGUST 29, 2023

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. What is the Corporate Transparency Act? Which entities must file reports under the CTA?

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Reporting Ownership Business Editing 52

LexBlog IP

JANUARY 15, 2024

The purpose of this series is to dig a little more into the “nuts and bolts” of who must be reported, the mechanisms for the reporting, and the timing of the reports. The second criteria can be determined based on what the company’s governing documents (articles, bylaws, operating agreement, etc.)

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LexBlog IP

OCTOBER 3, 2023

If you’re interested in what the CTA means for your business, please read on. The CTA is set to fundamentally change corporate reporting requirements, impacting millions of businesses in 2024. The CTA applies to a broad spectrum of entities, encompassing both domestic and foreign reporting companies.

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