Corporate Transparency Act Beneficial Ownership Information (BOI) Report
In December 2020, Congress passed the Corporate Transparency Act (CTA) as part of the National Defense Authorization Act. According to the Financial Crimes Enforcement Network (FinCEN), the purpose of the CTA is to “better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity …
Corporate Transparency Act Beneficial Ownership Information (BOI) Report Read More »