Corporate Transparency Act 2024. And international financial systems, as well as people across the country, from illicit finance threats like terrorist financing, drug trafficking, and money laundering. Beginning january 1, 2024, the us corporate transparency act (cta) will require “reporting companies” to submit a report to the financial crimes enforcement network.
With the beneficial ownership information reporting requirement imposed by the corporate transparency act effective on january 1, 2024, every “reporting company” must file. Christine green of steptoe & johnson pllc discusses the corporate transparency act and the recent litigation regarding its constitutionality.
